①In the month that includes a day on which a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions who is subject to the provisions of Article 46, paragraph (1) and Article 46, paragraph (5) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 86, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, is an insured (limited to a person who has continuously held status as that insured since a day belonging to a month before that month) (excluding the days specified by Order of the Ministry of Health, Labour and Welfare prescribed in Article 46, paragraph (1) in relation to an insured; referred to in the following paragraph and paragraph (5), Article 11, paragraph (1), Article 11-6, paragraphs (1), (2), (4) and (8), and Article 13-6, paragraphs (4) and (8) of the Supplementary Provisions as the "day on which the person is an insured"), if the person is able to receive the basic continuous employment benefits for the elderly under the provisions of the Employment Insurance Act (hereinafter referred to as the "basic continuous employment benefits for the elderly"), then, notwithstanding the provisions of Article 46, paragraph (1) and Article 46, paragraph (5) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 86, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, payment of the employees' old-age pension for that month is suspended for the portion equivalent to the total (hereinafter referred to in this paragraph as the "adjusted standard amount for a payment suspension") of the standard amount for a payment suspension under those provisions, where the provisions of Article 46, paragraph (1) and Article 46, paragraph (5) prior to that amendment, which remains in force as above, are applied to that employees' old-age pension in accordance with the cases set out in each of the following items, and the amount obtained by multiplying by 12 the amount specified in the relevant item (or, if the amount obtained by multiplying that amount by 10/4 and adding the standard monthly remuneration of the beneficiary exceeds the payment amount limit prescribed in Article 61, paragraph (1), item (ii) of the Employment Insurance Act (hereinafter referred to as the "payment amount limit"), the amount obtained by multiplying by 4/10 the amount obtained by subtracting that standard monthly remuneration from the payment amount limit; the same applies in the following paragraph) (referred to in paragraph (4) as the "in-service suspension adjustment amount"); provided, however, that if the adjusted standard amount for a payment suspension is equal to or more than the amount of the employees' old-age pension, payment of the whole of the employees' old-age pension is to be suspended:

②In the case of a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions, other than a person prescribed in the preceding paragraph, if, for the month that includes a day on which the person is an insured, the person is able to receive the basic continuous employment benefits for the elderly, payment of the employees' old-age pension for that month is suspended for the portion equivalent to the amount obtained by multiplying by 12 the amount specified in each item of that paragraph for that employees' old-age pension, in accordance with the cases set out in the items of that paragraph (hereinafter referred to in this paragraph and paragraph (4) as the "adjustment amount"); provided, however, that if the adjustment amount is equal to or more than the amount of the employees' old-age pension, payment of the whole of the employees' old-age pension is to be suspended.

③With regard to an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions, the provisions of the preceding two paragraphs do not apply if any of the following items applies:

④The handling of fractions of less than one yen that arise in calculating the in-service suspension adjustment amount and the adjustment amount is specified by Cabinet Order.

⑤The provisions of each of the preceding paragraphs apply mutatis mutandis to the case where a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions is able, for the month that includes a day on which the person is an insured, to receive re-employment benefits for the elderly under the provisions of the Employment Insurance Act. In such a case, the phrase "the amount deemed to be the daily amount of wages under the provisions of Article 61, paragraphs (1), (3) and (4) of the Employment Insurance Act (hereinafter referred to as the "amount deemed to be the daily amount of wages")" in paragraph (1), item (i) is deemed to be replaced with "the daily amount of wages under the provisions of Article 61-2, paragraph (1) of the Employment Insurance Act (hereinafter referred to in this Article as the "daily amount of wages")", and the phrase "the amount deemed to be the daily amount of wages" in item (ii) of that paragraph and paragraph (3), item (i) is deemed to be replaced with "the daily amount of wages".

①With regard to the old-age pension benefit prescribed in Article 130, paragraph (1) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act (except in paragraph (1) of the following Article, hereinafter referred to as the "old-age pension benefit"), that a Fund pays to a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions: the phrase "Article 43, paragraph (3)" in Article 131, paragraph (1), item (ii) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, is deemed to be replaced with "Article 43, paragraph (2) or (3), or Article 7-3, paragraph (5) of the Supplementary Provisions, of the Employees' Pension Insurance Act as amended by the provisions of Article 4 of the Act Partially Amending the National Pension Act, etc. to Strengthen the Functions of the Pension System (Act No. 40 of 2020)"; the phrase "period of being a member (" in Article 132, paragraph (2) prior to that amendment, which remains in force as above, is deemed to be replaced with "period of being a member (excluding the period of being a member of the Fund on or after the month in which the beneficiary acquired the right to receive benefits (hereinafter referred to in this paragraph as the "period subject to revision")", and the phrase "the amount obtained by multiplying" in that paragraph is deemed to be replaced with "the amount (including the amount calculated, as specified by Cabinet Order, based on the period subject to revision) obtained by subtracting the amount specified by Cabinet Order from the amount obtained by multiplying"; and the phrase "paragraph (2) of the preceding Article" in Article 133 prior to that amendment, which remains in force as above, is deemed to be replaced with "paragraph (2) of the preceding Article as replaced in Article 7-6, paragraph (1) of the Supplementary Provisions".

②With regard to the old-age pension benefit that a Fund pays to a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions (limited to one for which payment is suspended in whole or in part pursuant to the provisions of Article 46, paragraph (1) as replaced in Article 46, paragraph (5) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 86, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act), the phrase "Article 132, paragraph (2)" in Article 133-2, paragraphs (2) and (3) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, is deemed to be replaced with "Article 132, paragraph (2) as replaced in Article 7-6, paragraph (1) of the Supplementary Provisions".

③With regard to the old-age pension benefit that a Fund pays to a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions (limited to one for which payment is suspended in whole or in part pursuant to the provisions of the preceding Article; the same applies hereinafter in this Article), the provisions of Article 133 prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, do not apply.

④Payment of an old-age pension benefit that a Fund pays to a beneficiary of an employees' old-age pension under the provisions of Article 7-3, paragraph (3) of the Supplementary Provisions (limited to one based on a category I EPI insured period or a category IV EPI insured period) cannot be suspended, except where payment of the whole of that employees' old-age pension is suspended (excluding a case falling under any of the following items); provided, however, that this does not apply to the portion of the amount of that old-age pension benefit that exceeds the amount prescribed in Article 132, paragraph (2) prior to the amendment by Article 1 of the 2013 Amendment Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act, as replaced in paragraph (1):

⑤Notwithstanding the provisions of the preceding paragraph, with regard to the old-age pension benefits that a Fund pays to a beneficiary of the employees' old-age pension under Article 7-3, paragraph (3) of the Supplementary Provisions, payment of the portion of the amount of those benefits that exceeds the amount prescribed in the relevant item may be suspended, according to the case set forth in each of the following items:

⑥The handling of fractions of less than one yen that arise in calculating the amount suspended for persons subject to in-service suspension and the amount suspended for persons not subject to in-service suspension is specified by Cabinet Order.