| The National Pension Fund
All residents of Japan between the ages of 20 and 60 must participate in the national pension fund. Insurants fall into three different groups:
- First Group: self-employed businessmen, farmers and fishermen, part-time workers, students and unemployed individuals.
- Second Group: Company employees and civil servants.
- Third Group: Company employees' spouses or other dependents.
If foreigners, temporarily residing in Japan, belong to the first group and cannot fulfill the 25 year qualification period before they reach the age of 60, they may be exempt from participating in the National Pension Fund.
Lump Sum Refund
Short term foreign nationals who have participated in the National Pension Fund for more than 6 months and never have contributed to the fund will have a lump sum refund when they leave Japan. The following conditions are required.
- Request a lump sum refund within 2 years after leaving Japan.
- Non-Japanese nationality.
- Contribute to the national pension fund for more than six months.
- No valid address in Japan.
Not entitled to compensations by the national pension fund.