Chapter IV Transfer of Assets Managed per Individual
The law as Act Partially Amending the National Pension Act, etc., and Other Matters, to Strengthen the Functions of the Pension System in Light of Socioeconomic Changes (Act No. 74 of 2025) leaves it, with the words it changes marked.
The main text is read a page at a time: a chapter to a page, and a long chapter in runs of articles. The whole main text, and the supplementary provisions and appended tables this amendment changes. Those it leaves untouched are on the page for the text in force.
Chapter IV Transfer of Assets Managed per Individual第四章 個人別管理資産の移換
Article 80第八十条
Transfer of Assets Managed per Individual Relating to a Person Who Became a Participant of a Corporate-type Pension Plan（企業型年金加入者となった者の個人別管理資産の移換）
Article 80, paragraph (1)
If any of the persons set forth in the following items (limited to a person who has assets managed per individual under the corporate-type pension plan or the individual-type pension plan) acquire the status as a participant of a corporate-type pension plan of the first corporate-type pension plan, and request the corporate-type pension plan records-related operational management institution, etc. of the first corporate-type pension plan to transfer that person's assets managed per individual transfer, the persons specified in the respective items are to transfer the assets managed per individual of the person who made the request to the asset management institution of the first corporate-type pension plan:
a person who is or was a participant of a corporate-type pension plan of the second corporate-type pension plan:the asset management institution of the second corporate-type pension plan; or
乙企業型年金の企業型年金加入者又は企業型年金加入者であった者 乙企業型年金の資産管理機関
Article 80, paragraph (1), item (ii)
a participant of an individual-type pension plan or an instructor of an individual-type pension plan investment:the Association.
個人型年金加入者又は個人型年金運用指図者 連合会
Article 80, paragraph (2)
If the person set forth in item (i) of the preceding paragraph (excluding a person who has the right to receive disability benefits under the corporate-type pension plan) acquires the status as a participant of a corporate-type pension plan of the first corporate-type pension plan, and still has assets managed per individual under the second corporate-type pension plan after the passage of six months from the month following the month containing the day of losing the status as a participant of a corporate-type pension plan of the second corporate-type pension plan, the asset management institution of the second corporate-type pension plan is to transfer the assets managed per individual to the asset management institution of the first corporate-type pension plan.
If a person whose assets managed per individual have been transferred to the Association pursuant to the provisions of Article 83, paragraph (1) (a person who has assets managed per individual under the individual-type pension plan, and excluding a participant of an individual-type pension plan and an instructor of an individual-type pension plan investment) acquires the status as a participant of a corporate-type pension plan of the first corporate-type pension plan, the Association is to transfer the assets managed per individual relating to the person who has acquired the status to the asset management institution of the first corporate-type pension plan.
When the assets managed per individual relating to a person pertaining to a corporate-type pension plan records-related operational management institution, etc. of the first corporate-type pension plan have been transferred to the asset management institution of the first corporate-type pension plan pursuant to the preceding three paragraphs, that corporate-type pension plan records-related operational management institution, etc. must give notice to that effect to the person whose assets managed per individual have been transferred.
Special Provisions on Instructions on Investment If Assets Managed per Individual Relating to a Person Who Became a Participant of a Corporate-type Pension Plan Are Transferred（企業型年金加入者となった者の個人別管理資産の移換があった場合の運用の指図の特例）
Article 81, paragraph (1)
With regard to application of the provisions of Article 25-2 when assets managed per individual are transferred pursuant to the provisions of paragraphs (1) through (3) of the preceding Article, the phrase "and those for which ... after that day" in paragraph (3) of that Article is deemed to be replaced with ", those for which ... after that day", and "means ... after that day" in that paragraph is deemed to be replaced with "means ... after that day, and those for which no instructions on investment have been given with regard to the assets managed per individual transferred pursuant to the provisions of Article 80, paragraphs (1) through (3) after that day".
Transfer of Assets Managed per Individual Relating to a Person Who Became a Participant of an Individual-type Pension Plan（個人型年金加入者となった者等の個人別管理資産の移換）
Article 82, paragraph (1)
If a person who was a participant of a corporate-type pension plan of a corporate-type pension plan (limited to a person who has assets managed per individual under the corporate-type pension plan) requests the Association to transfer the person's assets managed per individual, and concurrently with the request for transfer, makes a request under the provisions of Article 62, paragraph (1) or Article 64, paragraph (2), or if a person is a participant of an individual-type pension plan or an instructor of an individual-type pension plan investment, the asset management institution of the corporate-type pension plan is to transfer the assets managed per individual relating to the person who made the request to the Association.
When assets managed per individual have been transferred to the Association pursuant to the provisions of the preceding paragraph, the Association must give notice to that effect to the person whose assets managed per individual have been transferred.
Special Provisions on Instructions on Investment If Assets Managed per Individual Relating to a Person Who Became a Participant of an Individual-type Pension Plan Are Transferred（個人型年金加入者となった者等の個人別管理資産の移換があった場合の運用の指図の特例）
Article 82-2, paragraph (1)
The provisions of Article 25-2 apply mutatis mutandis to the case where assets managed per individual relating to a participant of an individual-type pension plan are transferred pursuant to the provisions of paragraph (1) of the preceding Article. In this case, the phrase "the employer's contribution, etc. paid" in Article 25-2, paragraph (3) is deemed to be replaced with "the assets managed per individual transferred pursuant to the provisions of Article 82, paragraph (1)".
Transfer of Assets Managed per Individual Relating to Any Other Person（その他の者の個人別管理資産の移換）
Article 83, paragraph (1)
The asset management institution of a corporate-type pension plan is to transfer assets managed per individual relating to any of the following persons (limited to a person who has assets managed per individual under the corporate-type pension plan) to the Association:
a person who was a participant of a corporate-type pension plan of the corporate-type pension plan, whose assets managed per individual were not transferred pursuant to the provisions of Articles 54-4, 54-5, 80, or 82 of this Act or Article 31-3 of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act within six months from the month following the month containing the day of losing the status as a participant of a corporate-type pension plan (excluding an instructor of a corporate-type pension plan of the corporate-type pension plan and the person set forth in the following item); and
a person who was a participant of a corporate-type pension plan of the corporate-type pension plan, etc. as of the day on which the corporate-type pension plan terminated, whose assets managed per individual were transferred pursuant to the provisions of Articles 54-4, 54-5, 80, or 82 of this Act or Article 31-3 of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act within six months from the month following the month containing the day on which the corporate-type pension plan terminated.
When assets managed per individual relating to a person pertaining to the corporate-type pension plan records-related operational management institution, etc. of the corporate-type pension plan have been transferred to the Association pursuant to the provisions of the preceding paragraph, the corporate-type pension plan records-related operational management institution, etc. must give notice to that effect to the person whose assets managed per individual have been transferred.
If the corporate-type pension plan records-related operational management institution, etc. of the corporate-type pension plan is unable to give the notice referred to in the preceding paragraph due to the whereabouts of the person whose assets managed per individual have been transferred pursuant to the provisions of paragraph (1) being unknown, it must give public notice to the effect that the assets managed per individual have been transferred to the Association, in lieu of the notice referred to in that paragraph.
If there is an amount of assets to be returned with regard to a person who has lost the status as a participant of a corporate-type pension plan of a corporate-type pension plan, the assets managed per individual relating to that person which the asset management institution of the corporate-type pension plan is to transfer pursuant to the provisions of Articles 54-4, 54-5, 80 or 82 or the preceding Article or Article 31-3 of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act are to be assets equivalent to the amount after deducting the amount of assets to be returned.
In the case prescribed in the preceding paragraph, the asset management institution of the corporate-type pension plan is to return money in an amount equivalent to the amount of assets to be returned to the employer pertaining to the amount of assets to be returned.
Beyond what is provided for in this Chapter, Cabinet Order prescribes the necessary particulars in connection with transfer of assets managed per individual.