①With regard to an employees' old-age pension under the provisions of Article 8 of the Supplementary Provisions of the Employees' Pension Insurance Act as Amended (limited to one whose beneficiary is a person born on or before April 1, 1935) and its beneficiary, if, in the month that includes the day on which the person is an insured under employees' pension insurance, the amount set forth in item (i) exceeds the amount set forth in item (ii), the provisions of Article 13, paragraphs (3) and (4) and Article 13-2 of the Supplementary Provisions of the Employees' Pension Insurance Act as Amended by Article 8 of the Act Partially Amending the National Pension Act, etc. (Act No. 104 of 2004; hereinafter referred to as the "2004 Amendment Act" in this paragraph) and Articles 21 and 28 of the Supplementary Provisions do not apply, and the provisions of Article 11, Article 13, paragraph (3) and Article 13-2 of the Supplementary Provisions of the Employees' Pension Insurance Act prior to the amendment by Article 3 (hereinafter referred to as the "Employees' Pension Insurance Act Before the Amendment") remain in force. In this case, necessary technical replacement of terms for the application of those provisions is specified by Cabinet Order.

②Where the beneficiary of the employees' old-age pension prescribed in the preceding paragraph is a person for whom all or part of the period of being an insured under employees' pension insurance is a period of being a member of an employees' pension Fund, in item (i) of that paragraph, the phrase "the amount of the portion for which payment is to be suspended (or, if payment of the whole of that employees' old-age pension is to be suspended, the amount of that employees' old-age pension)" is deemed to be replaced with "the standard amount for a payment suspension (meaning the standard amount for a payment suspension under the provisions of Article 21, paragraph (1) of the Supplementary Provisions as read in paragraph (2) of that Article; or, if that standard amount for a payment suspension is equal to or greater than the amount obtained by adding to the amount of that employees' old-age pension (excluding the additional amount of pension prescribed in Article 44, paragraph (1) of the Employees' Pension Insurance Act as Amended as applied mutatis mutandis pursuant to Article 18, paragraph (3) of the Supplementary Provisions (hereinafter simply referred to as the 'additional amount of pension')) the amount obtained by deducting the amount of the employees' old-age pension from the amount of the employees' old-age pension calculated as if the provisions of Article 44-2, paragraph (1) of the Employees' Pension Insurance Act 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, as applied mutatis mutandis pursuant to Article 18, paragraph (3) of the Supplementary Provisions, did not apply (hereinafter referred to as the 'total amount of the substituted portion' in this item and the following item), the amount obtained by adding the total amount of the substituted portion to the amount of that employees' old-age pension (including the additional amount of pension))", and in item (ii) of that paragraph, the phrase "(excluding the additional amount of pension prescribed in Article 44, paragraph (1) of the Employees' Pension Insurance Act as Amended as applied mutatis mutandis pursuant to Article 18, paragraph (3) of the Supplementary Provisions (hereinafter simply referred to as the 'additional amount of pension' in this item))" is deemed to be replaced with "(excluding the additional amount of pension)", and the phrase "the amount of the portion for which payment is to be suspended (or, if payment of the whole of that employees' old-age pension is to be suspended, the amount of that employees' old-age pension (including the additional amount of pension))" with "the amount obtained by adding to the amount of the portion for which payment is to be suspended the amount of the portion for which payment is to be suspended in the case where that Article is applied to the total amount of the substituted portion for calculation (or, if payment of the whole of that employees' old-age pension is to be suspended, the amount obtained by adding the total amount of the substituted portion to the amount of that employees' old-age pension (including the additional amount of pension)))".

③When payment of part of the employees' old-age pension under the provisions of Article 8 of the Supplementary Provisions of the Employees' Pension Insurance Act as Amended is suspended pursuant to the provisions of the preceding two paragraphs, the provisions of Article 36, paragraph (2) of the Employees' Pension Insurance Act do not apply.