Employees' Pension Insurance Act

With regard to the old-age pension benefit paid by the Fund to a person prescribed in paragraph (1) who has made the application under Article 44-3, paragraph (1) of the Employees' Pension Insurance Act (including that application in the case where the application under paragraph (1) of that Article is deemed to have been made pursuant to paragraph (5) of that Article; the same applies in Article 23, paragraph (3) and Article 24, paragraph (5) of the Supplementary Provisions), or the application under Article 44-4, paragraph (1) of that Act (including that application in the case where the application under Article 44-4, paragraph (1) of that Act is deemed to have been made pursuant to Article 44-3, paragraph (5) of that Act as applied mutatis mutandis pursuant to Article 44-4, paragraph (2) of that Act; the same applies in Article 23, paragraph (3) and Article 24, paragraph (5) of the Supplementary Provisions), the phrase "the amount obtained by multiplying" in Article 132, paragraph (2) of the Employees' Pension Insurance Act prior to the amendment by the provisions of Article 4, which remains in force pursuant to the provisions of paragraph (1), is deemed to be replaced with "the amount obtained by multiplying, plus the amount specified by Cabinet Order", and the phrase "the amount obtained by adding upsum of the amounts listed in the following items" in Article 82, paragraph (1) of the Supplementary Provisions of the 1985 Amendment Act prior to the amendment by the provisions of Article 13 with "the amount obtained by adding up,sum of the amounts listed in the following items plus the amount specified by Cabinet Order".

If all or part of the period of being an insured covered by employees' pension insurance is before April 1, 2003, the amount prescribed in Article 43, paragraph (1) of the Employees' Pension Insurance Act (including as followed in Article 50, paragraph (1) and Article 60, paragraph (1), item (i) of that Act, and including as applied in Article 44, paragraph (1) and Article 44-3, paragraph (4) of that Act (including as applied mutatis mutandis pursuant to Article 44-4, paragraph (2) of that Act and as applied with terms read pursuant to Article 87 of the Supplementary Provisions of the 2013 Amendment Act), Article 59, paragraph (2) of the Supplementary Provisions of the 1985 Amendment Act, Article 44-3, paragraph (4) of the Employees' Pension Insurance Act prior to the amendment by Article 5 that remains in force pursuant to Article 17, paragraph (1) of the Supplementary Provisions, Article 44-2, paragraph (1) of the Employees' Pension Insurance Act prior to the amendment by Article 1 of the 2013 Amendment Act that remains in force pursuant to Article 86, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act as read pursuant to Article 17-5 of the Supplementary Provisions of the Employees' Pension Insurance Act, and Article 7-3, paragraph (4) and Article 13-4, paragraph (4) of the Supplementary Provisions of the Employees' Pension Insurance Act) and Article 9-2, paragraph (2), item (ii) of the Supplementary Provisions of that Act (including as followed in Article 9-3, paragraphs (1) and (3) of the Supplementary Provisions of that Act (including as followed in paragraph (5) of that Article), Article 9-4, paragraph (1) of the Supplementary Provisions of that Act (including as followed in Article 28-3, paragraph (2) and Article 28-4, paragraph (2) of the Supplementary Provisions of that Act) and Article 9-4, paragraph (4) of the Supplementary Provisions of that Act (including as followed in Article 9-4, paragraph (6) of the Supplementary Provisions of that Act), and Article 18, paragraph (2), Article 19, paragraphs (2) and (4), Article 20, paragraphs (2) and (4), and Article 20-2, paragraphs (2) and (4) of the Supplementary Provisions of the 1994 Amendment Act) is, notwithstanding those provisions, the sum of the amounts set forth in the following items.

If the whole of the period of being an insured covered by employees' pension insurance is on or after April 1, 2003, and the amount calculated pursuant to the provisions of Article 43, paragraph (1) of the Employees' Pension Insurance Act (including as followed in Article 50, paragraph (1) and Article 60, paragraph (1), item (i) of that Act, and including as applied in Article 44, paragraph (1) and Article 44-3, paragraph (4) of that Act (including as applied mutatis mutandis pursuant to Article 44-4, paragraph (2) of that Act and as applied with terms read pursuant to Article 87 of the Supplementary Provisions of the 2013 Amendment Act), Article 59, paragraph (2) of the Supplementary Provisions of the 1985 Amendment Act, Article 44-3, paragraph (4) of the Employees' Pension Insurance Act prior to the amendment by Article 5 that remains in force pursuant to Article 17, paragraph (1) of the Supplementary Provisions, Article 44-2, paragraph (1) of the Employees' Pension Insurance Act prior to the amendment by Article 1 of the 2013 Amendment Act that remains in force pursuant to Article 86, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act as read pursuant to Article 17-5 of the Supplementary Provisions of the Employees' Pension Insurance Act, and Article 7-3, paragraph (4) and Article 13-4, paragraph (4) of the Supplementary Provisions of the Employees' Pension Insurance Act) and Article 9-2, paragraph (2), item (ii) of the Supplementary Provisions of that Act (including as followed in Article 9-3, paragraphs (1) and (3) of the Supplementary Provisions of that Act (including as followed in paragraph (5) of that Article), Article 9-4, paragraph (1) of the Supplementary Provisions of that Act (including as followed in Article 28-3, paragraph (2) and Article 28-4, paragraph (2) of the Supplementary Provisions of that Act) and Article 9-4, paragraph (4) of the Supplementary Provisions of that Act (including as followed in Article 9-4, paragraph (6) of the Supplementary Provisions of that Act), and Article 18, paragraph (2), Article 19, paragraphs (2) and (4), Article 20, paragraphs (2) and (4), and Article 20-2, paragraphs (2) and (4) of the Supplementary Provisions of the 1994 Amendment Act) is less than the amount obtained by multiplying, by the previous-amount revision rate, the amount obtained by multiplying the amount equal to 5.769/1,000 of the average standardized amount of remuneration for the period of being an insured by the number of months in that insured period, then, notwithstanding those provisions, that latter amount is the amount prescribed in those provisions.

With regard to an old-age pension benefit that a Fund pays to a person prescribed in paragraph (1) who has made a request under Article 44-3, paragraph (1) of the Employees' Pension Insurance Act or a request under Article 44-4, paragraph (1) of that Act, in paragraph (1) (including where applied with replacement of terms pursuant to the provisions of Article 82, paragraph (2) of the Supplementary Provisions of the 1985 Amendment Act), the phrase "the total obtained by adding together the amounts set forth in the following items" is deemed to be replaced with "the total obtained by adding together the amounts set forth in the following items plus an amount specified by Cabinet Order".

With regard to an old-age pension benefit that a Fund pays to a person prescribed in the items of paragraph (1) who has made a request under Article 44-3, paragraph (1) of the Employees' Pension Insurance Act or a request under Article 44-4, paragraph (1) of that Act, in paragraph (1) (including where, pursuant to paragraph (2), Article 82, paragraph (2) of the Supplementary Provisions of the 1985 Amendment Act prior to the amendment by Article 13, which remains in force pursuant to the provisions of Article 9, paragraph (1) of the Supplementary Provisions, is applied with replacement of terms), the phrase "the amount obtained by adding up the following amounts" is deemed to be replaced with "the amount obtained by adding an amount specified by Cabinet Order to the amount obtained by adding up the following amounts".