This Act comes into effect as of the day specified by Cabinet Order within a period not exceeding one year from the date of promulgation; provided, however, that the provisions set forth in the following items come into effect as of the days specified in those items.

The government is to give consideration so that, by the day on which ten years have passed from the date of enforcement of this Act (hereinafter referred to as the "Effective Date"), surviving employees' pension Funds dissolve or transition to other corporate pension systems, etc., and the surviving Pension Fund Association dissolves, and is to promptly take the necessary legislative measures.

In these Supplementary Provisions, the meanings of the terms listed in the following items are as prescribed respectively in those items.

A former employees' pension Fund that exists at the time of enforcement of this Act is to continue to exist, even on or after the Effective Date, as an employees' pension Fund established pursuant to the provisions of the pre-amendment Employees' Pension Insurance Act.

①With regard to surviving employees' pension Funds, the following provisions remain in force:

④In addition to what is provided for in the preceding two paragraphs, the technical replacement of terms and other necessary matters concerning the application, with regard to surviving employees' pension Funds, of the provisions set forth in the items of paragraph (1) that remain in force pursuant to the provisions of that paragraph, and of the provisions of the Amended Employees' Pension Insurance Act, the amended Defined-Benefit Corporate Pension Act and the amended Defined Contribution Pension Act, are specified by Cabinet Order.

With regard to the disposition on an application for authorization under Article 111, paragraph (1) of the pre-amendment Employees' Pension Insurance Act that was filed before the Effective Date and for which the disposition of whether to grant authorization had not been made at the time of enforcement of this Act, the provisions then in force continue to govern.

With regard to the liquidation of a surviving employees' pension Fund in the case where a former employees' pension Fund was dissolved before the Effective Date, the provisions then in force continue to govern, beyond what is otherwise provided for in these Supplementary Provisions and Cabinet Orders based on them.

When a surviving employees' pension Fund is dissolved, the government is to collect from that surviving employees' pension Fund the liability reserve equivalent (meaning the amount equivalent to the liability reserve calculated as specified by Cabinet Order; the same applies hereinafter) for the persons toward whom that surviving employees' pension Fund bears obligations concerning the payment of benefits in the form of a pension on the day of its dissolution.

①A surviving employees' pension Fund that has received the authorization under Article 32, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions may prepay all or part of the liability reserve equivalent that the government is to collect under the provisions specified in the following items, even before the authorization or approval set forth in those items:

②The amount to be paid in the case of the preceding paragraph is the amount calculated as provided for in the rules of that surviving employees' pension Fund in accordance with the standards specified by Cabinet Order.

③Beyond what is provided for in the preceding two paragraphs, the procedures for prepayment of the liability reserve equivalent, the refund of the prepaid liability reserve equivalent, and other necessary matters concerning the prepayment of all or part of the liability reserve equivalent are specified by Cabinet Order.

①A surviving employees' pension Fund that intends to dissolve for the reason set forth in Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions, and for which the amount of reserves for pension benefits, etc. (meaning the reserves to be allocated to the benefits prescribed in Article 130, paragraphs (1) through (3) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions (hereinafter referred to as "old-age pension benefits, etc."); the same applies hereinafter except in Article 40, paragraph (2), item (iii) and paragraph (3), item (iii), Article 53, Article 55, paragraph (1), Article 60, Article 70, paragraph (2) and Article 71, paragraph (2) of the Supplementary Provisions) (in the case where prepayment has been made pursuant to the provisions of paragraph (1) of the preceding Article (including the case where it applies with replacement of terms pursuant to the provisions of paragraph (9) of this Article, paragraph (10) of the following Article, or Article 19, paragraph (10), Article 20, paragraph (5) or Article 21, paragraph (9) of the Supplementary Provisions), the amount obtained by adding the prepaid amount; the same applies hereinafter) on the day on which it intends to dissolve is expected to fall below the liability reserve equivalent (hereinafter referred to as a "voluntary dissolution Fund") may, as specified by Order of the Ministry of Health, Labour and Welfare, apply to the Minister of Health, Labour and Welfare for certification that a reduction of the liability reserve equivalent is acceptable.

②An application for certification under the provisions of the preceding paragraph may be made only until the day on which five years elapse from the Effective Date.

③A voluntary dissolution Fund that has applied for certification under the provisions of paragraph (1) must suspend payment of the entire amount of the following benefits, beginning with the month following the month that includes the day on which it made the application:

④A voluntary dissolution Fund that has applied for certification under the provisions of paragraph (1) must, when it has withdrawn the application, or when the Minister of Health, Labour and Welfare has made a decision not to give the certification referred to in the following paragraph, lift the suspension of payment under the provisions of the preceding paragraph beginning with the month following the month that includes the day of the withdrawal or the month following the month that includes the day of the decision.

⑤When an application for certification under the provisions of paragraph (1) has been made, the Minister of Health, Labour and Welfare is to give the certification if the Minister finds that the voluntary dissolution Fund that made the application meets the requirements specified by Cabinet Order as having made reasonable efforts in the operation of its business up to the day of the application.

⑥When the Minister of Health, Labour and Welfare intends to give the certification referred to in the preceding paragraph, the Minister must in advance hear the opinions of the Social Security Council.

⑦When a voluntary dissolution Fund that has received the certification referred to in paragraph (5) is dissolved pursuant to the provisions of Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions (limited to the case where the amount of reserves for pension benefits, etc. on the day of dissolution falls below the liability reserve equivalent), the government is to collect from that voluntary dissolution Fund, notwithstanding the provisions of Article 8 of the Supplementary Provisions, the reduced liability reserve equivalent (meaning the larger of the amount calculated as specified by Cabinet Order as the amount by which the reserve Funds in the employees' pension section of the pension special account would increase if the members and former members of the surviving employees' pension Fund had not been members, and the amount of reserves for pension benefits, etc. of that surviving employees' pension Fund; the same applies hereinafter except in Article 27, paragraph (2) and Article 30, paragraph (1) of the Supplementary Provisions), in place of the liability reserve equivalent. In this case, the provisions of Article 34, paragraph (4) of the Supplementary Provisions do not apply, and, with regard to the application of the provisions of Article 138, paragraph (6) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions, the phrase "the amount specified by Cabinet Order" in that paragraph is deemed to be replaced with "the reduced liability reserve equivalent prescribed in Article 11, paragraph (7) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013)".

⑧When the government collects the reduced liability reserve equivalent from the voluntary dissolution Fund pursuant to the provisions of the preceding paragraph, the Minister of Health, Labour and Welfare is to make public the following particulars:

⑨In the case of applying the provisions of the preceding Article to a voluntary dissolution Fund that has applied for certification under the provisions of paragraph (1), in paragraph (1) of that Article, the phrase "surviving employees' pension Fund" is deemed to be replaced with "voluntary dissolution Fund prescribed in paragraph (1) of the following Article that has applied for certification under the provisions of that paragraph", the phrase "specified in the following items" is deemed to be replaced with "of paragraph (7) of the following Article", the phrase "even before the authorization or approval set forth in those items" is deemed to be replaced with "even before the authorization set forth in item (i)", and the phrase "liability reserve equivalent" is deemed to be replaced with "reduced liability reserve equivalent (meaning the reduced liability reserve equivalent prescribed in that paragraph; the same applies in paragraph (3))", and in paragraph (3) of that Article, the phrase "liability reserve equivalent" is deemed to be replaced with "reduced liability reserve equivalent".

①A voluntary dissolution Fund and the employer of its establishing place of business (meaning the establishing place of business prescribed in Article 117, paragraph (3) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions; the same applies hereinafter) (where the voluntary dissolution Fund has been jointly established, each employer that has established it; the same applies in the following paragraph and paragraph (7)) may each prepare a plan for the payment (hereinafter referred to as a "voluntary dissolution Fund payment plan") of the portion of the liability reserve equivalent that it is itself to pay, submit it to the Minister of Health, Labour and Welfare as specified by Order of the Ministry of Health, Labour and Welfare, and receive approval that the voluntary dissolution Fund payment plan is appropriate.

②The application for approval referred to in the preceding paragraph must be made simultaneously by the voluntary dissolution Fund and the employers of its establishing places of business, within the period up to the day on which five years elapse from the Effective Date.

③The voluntary dissolution Fund payment plan of a voluntary dissolution Fund must state the following particulars:

④The voluntary dissolution Fund payment plan of the employer of the establishing place of business of a voluntary dissolution Fund must state the following particulars:

⑤When the application for approval referred to in paragraph (1) is made, the amount obtained by adding together the amount set forth in paragraph (3), item (ii) stated in the voluntary dissolution Fund payment plan of the voluntary dissolution Fund and the amount set forth in item (i) of the preceding paragraph stated in the voluntary dissolution Fund payment plan of the employer of the establishing place of business of the voluntary dissolution Fund (where the employers of the establishing place of business of the voluntary dissolution Fund have jointly established the voluntary dissolution Fund, the total of the amounts set forth in that item stated in the voluntary dissolution Fund payment plans of each employer that has established the voluntary dissolution Fund) must be the liability reserve equivalent of the voluntary dissolution Fund.

⑥The provisions of paragraphs (3) and (4) of the preceding Article apply mutatis mutandis to a voluntary dissolution Fund that has applied for approval under paragraph (1). In this case, the phrase "the certification referred to in the following paragraph" in paragraph (4) of that Article is deemed to be replaced with "the approval referred to in paragraph (1) of the following Article".

⑦When an application for approval under paragraph (1) has been made, the Minister of Health, Labour and Welfare is to give the approval if the Minister finds that the application meets all of the following requirements. In this case, the approval of the voluntary dissolution Fund payment plans of the voluntary dissolution Fund and of the employers of its establishing places of business is to be given simultaneously:

⑧In giving approval pursuant to the provisions of the preceding paragraph, the Minister of Health, Labour and Welfare is to give certification to that effect if the Minister finds that the voluntary dissolution Fund has made significant efforts in the operation of its business up to the day of the application for approval and, on the day of the application for approval, meets the requirements specified by Cabinet Order as being in a situation where the continuation of its business is extremely difficult.

⑨When the Minister of Health, Labour and Welfare intends to give approval pursuant to the provisions of paragraph (7), and when the Minister intends to give the certification referred to in the preceding paragraph, the Minister must in advance hear the opinions of the Social Security Council.

⑩In the case of applying the provisions of Article 10 of the Supplementary Provisions to a voluntary dissolution Fund that has applied for approval under the provisions of paragraph (1), in paragraph (1) of that Article, the phrase "surviving employees' pension Fund" is deemed to be replaced with "voluntary dissolution Fund prescribed in paragraph (1) of the following Article that has applied for approval under Article 12, paragraph (1) of the Supplementary Provisions", the phrase "specified in the following items" is deemed to be replaced with "of Article 13, paragraph (1) of the Supplementary Provisions", the phrase "even before the authorization or approval set forth in those items" is deemed to be replaced with "even before the authorization set forth in item (i)", and the phrase "liability reserve equivalent" is deemed to be replaced with "amount of reserves for pension benefits, etc. (meaning the amount of reserves for pension benefits, etc. prescribed in paragraph (1) of the following Article; the same applies in paragraph (3))", and in paragraph (3) of that Article, the phrase "liability reserve equivalent" is deemed to be replaced with "amount of reserves for pension benefits, etc.".

①When a voluntary dissolution Fund and the employer of its establishing place of business have received the approval referred to in paragraph (1) of the preceding Article, and that voluntary dissolution Fund has been dissolved pursuant to the provisions of Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions (limited to the case where the amount of reserves for pension benefits, etc. on the day of dissolution falls below the liability reserve equivalent), the government, notwithstanding the provisions of Article 8 of the Supplementary Provisions, in collecting the liability reserve equivalent, is to collect the amount of reserves for pension benefits, etc. on the day of dissolution from that voluntary dissolution Fund, and the amount obtained by deducting that amount of reserves for pension benefits, etc. from the liability reserve equivalent from the employer of its establishing place of business, based on the voluntary dissolution Fund payment plan of that employer. In this case, the provisions of Article 138, paragraph (6) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions and the provisions of Article 34, paragraph (4) of the Supplementary Provisions do not apply.

②In making the collection under the provisions of the preceding paragraph, the government is to grant a grace period for payment based on the voluntary dissolution Fund payment plan of the employer of the establishing place of business of the voluntary dissolution Fund.

③The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where, pursuant to the provisions of paragraph (1), the government collects the amount of reserves for pension benefits, etc. from the voluntary dissolution Fund and collects, from the employer of its establishing place of business, the amount obtained by deducting that amount of reserves for pension benefits, etc. from the liability reserve equivalent. In this case, the phrase "and the reduced liability reserve equivalent" in item (ii) of that paragraph is deemed to be replaced with "and the period and amount for which the employer of its establishing place of business seeks to receive a grace period for payment, set forth in item (ii) of paragraph (4) of that Article and stated in the voluntary dissolution Fund payment plan prescribed in paragraph (1) of the following Article".

④When the government has granted a grace period for payment pursuant to the provisions of paragraph (2), it must notify the employer of the establishing place of business of the voluntary dissolution Fund of that fact, the grace period and the amount subject to the grace period concerning that employer, and other necessary matters.

①In the case where the government has granted a grace period for payment pursuant to the provisions of paragraph (2) of the preceding Article, when the Minister of Health, Labour and Welfare finds that there is an unavoidable reason why the amount subject to the grace period cannot be paid within the period for which the grace period was granted, the Minister may, upon application by the employer of the establishing place of business of the voluntary dissolution Fund, approve a modification of the voluntary dissolution Fund payment plan of that employer, such as an extension of the period for which it seeks to receive a grace period for payment. However, that period may not exceed 15 years (30 years for the employer of the establishing place of business of a voluntary dissolution Fund that has received the certification under Article 12, paragraph (8) of the Supplementary Provisions) when combined with the period for which a grace period has already been granted to that employer based on the voluntary dissolution Fund payment plan.

②When the Minister of Health, Labour and Welfare intends to give approval pursuant to the provisions of the preceding paragraph, the Minister must in advance hear the opinions of the Social Security Council.

③In the case where the government has granted a grace period for payment pursuant to the provisions of paragraph (2) of the preceding Article, when the Minister of Health, Labour and Welfare finds it necessary due to a change in the status of property or other circumstances, the Minister may request the employer of the establishing place of business of the voluntary dissolution Fund to make, by a specified deadline, a modification of the voluntary dissolution Fund payment plan, such as a shortening of the period for which it seeks to receive a grace period for payment, and to submit it to the Minister.

④The provisions of paragraph (1) apply mutatis mutandis to the case where the Minister of Health, Labour and Welfare has requested, pursuant to the provisions of the preceding paragraph, that a modification of the voluntary dissolution Fund payment plan be made and submitted. In this case, the phrase "there is an unavoidable reason why the amount subject to the grace period cannot be paid within the period for which the grace period was granted" in paragraph (1) is deemed to be replaced with "it is necessary due to a change in the status of property of the employer of the establishing place of business of the voluntary dissolution Fund or other circumstances", the phrase "the employer of the establishing place of business of the voluntary dissolution Fund" is deemed to be replaced with "that employer", and the phrase "extension" is deemed to be replaced with "shortening".

⑤When approval of a modification of a voluntary dissolution Fund payment plan has been given pursuant to the provisions of paragraph (1) (including as applied mutatis mutandis pursuant to the preceding paragraph), the government is to grant a grace period for payment based on the voluntary dissolution Fund payment plan as modified.

⑥The provisions of paragraph (4) of the preceding Article apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to the provisions of the preceding paragraph. In this case, the necessary technical replacement of terms is specified by Cabinet Order.

①If the employer of the establishing place of business of a voluntary dissolution Fund that has received approval of a voluntary dissolution Fund payment plan falls under any of the following items, the Minister of Health, Labour and Welfare may rescind the approval of the voluntary dissolution Fund payment plan of that employer:

②When the Minister of Health, Labour and Welfare has rescinded the approval of a voluntary dissolution Fund payment plan pursuant to the provisions of the preceding paragraph, the government is to rescind the grace period for payment granted on the basis of that plan.

③When the government has rescinded a grace period for payment pursuant to the provisions of the preceding paragraph, it must notify the employer of the establishing place of business of the voluntary dissolution Fund of that fact.

①When the government has granted a grace period for payment pursuant to the provisions of Article 13, paragraph (2) or Article 14, paragraph (5) of the Supplementary Provisions, it collects from the employer of the establishing place of business of the voluntary dissolution Fund, for the amount of monies to be collected for which the grace period was granted, an additional charge calculated as specified in each of the following items according to the categories set forth in those items:

②The voluntary dissolution-type additional charge rate in paragraph (1), item (i) and item (ii), (a) is the rate determined by the Minister of Health, Labour and Welfare, taking into account the yield on government bonds in the fiscal year in which the voluntary dissolution Fund was dissolved pursuant to the provisions of Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions.

③In the case of paragraph (1), when part of the amount of monies to be collected has been paid, the monies to be collected that form the basis for calculating the additional charge for the period on or after the day of that payment are the amount obtained by deducting the amount of monies to be collected that was paid.

④In calculating the additional charge, if the amount of monies to be collected includes a fraction of less than 1,000 yen, the fraction is rounded down.

⑤If the amount calculated pursuant to the provisions of the preceding paragraphs is less than 100 yen, the additional charge is not collected.

⑥If the amount of an additional charge includes a fraction of less than 100 yen, the fraction is rounded down.

⑦The employer of the establishing place of business of a voluntary dissolution Fund must pay the additional charge together with the monies to be collected that form the basis for calculating its amount.

With regard to the application of the provisions of item (ii) of paragraph (1) of the preceding Article, for the time being, notwithstanding the provisions of that item, if the special base rate for delinquent tax in a given year (meaning the special base rate for delinquent tax prescribed in Article 94, paragraph (1) of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957); the same applies in Article 82-2 of the Supplementary Provisions) is less than 7.3% per annum, the phrase "rate of 14.6% per annum" in that item is deemed to be replaced, for that year, with "rate obtained by adding a rate of 7.3% per annum to the special base rate for delinquent tax prescribed in Article 94, paragraph (1) of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957)".

①When a voluntary dissolution Fund makes an application for certification under the provisions of Article 11, paragraph (1) of the Supplementary Provisions and an application for approval under Article 12, paragraph (1) of the Supplementary Provisions, the application for certification and the application for approval must be made simultaneously.

②In the case where a voluntary dissolution Fund has made an application for certification under the provisions of Article 11, paragraph (1) of the Supplementary Provisions and an application for approval under Article 12, paragraph (1) of the Supplementary Provisions, and has received the certification referred to in Article 11, paragraph (5) of the Supplementary Provisions, the provisions of paragraphs (7) through (9) of that Article and Article 12, paragraph (6) of the Supplementary Provisions do not apply, and, with regard to the application of the provisions of paragraphs (1) and (5) of that Article, Article 13, paragraphs (1) and (3), and Article 69, paragraph (1) of the Supplementary Provisions, in Article 12, paragraph (1) of the Supplementary Provisions the phrase "voluntary dissolution Fund and" is deemed to be replaced with "voluntary dissolution Fund that has received the certification referred to in paragraph (5) of the preceding Article and"; in that paragraph and paragraph (5) of that Article, the phrase "liability reserve equivalent" is deemed to be replaced with "reduced liability reserve equivalent"; in Article 13, paragraph (1) of the Supplementary Provisions, the phrase "in collecting the liability reserve equivalent" is deemed to be replaced with "in collecting the reduced liability reserve equivalent"; in that paragraph and paragraph (3) of that Article, the phrase "from the liability reserve equivalent" is deemed to be replaced with "from the reduced liability reserve equivalent"; in that paragraph, the phrase "and the reduced liability reserve equivalent" is deemed to be replaced with "" and the phrase "" with "reduced liability reserve equivalent"; and in Article 69, paragraph (1) of the Supplementary Provisions, the phrase "the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the liability reserve equivalent, respectively, pursuant to the provisions of Article 13, paragraph (1) of the Supplementary Provisions" is deemed to be replaced with "the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the reduced liability reserve equivalent, respectively, pursuant to the provisions of Article 13, paragraph (1) of the Supplementary Provisions".

①The Minister of Health, Labour and Welfare may designate as a liquidation-type Fund a surviving employees' pension Fund that meets the requirements specified by Cabinet Order as being in a situation where the amount of reserves for pension benefits, etc. at the end of the business year falls below the amount obtained by multiplying the liability reserve equivalent by the rate specified by Cabinet Order, or where the continuation of its business is otherwise extremely difficult, and that the Minister finds meets the requirements specified by Cabinet Order as having made reasonable efforts in the operation of its business up to the day of designation under the provisions of this paragraph.

②The designation under the provisions of the preceding paragraph may be made only until the day on which five years elapse from the Effective Date.

③When the Minister of Health, Labour and Welfare intends to make the designation under the provisions of paragraph (1), the Minister must in advance hear the opinions of the Social Security Council.

④A liquidation-type Fund is relieved of the obligation concerning the payment of old-age pension benefits equivalent to the amount prescribed in Article 132, paragraph (2) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions, with regard to the period during which it had members of that liquidation-type Fund on or after the day on which it received the designation under the provisions of paragraph (1).

⑤The provisions of Article 32, paragraph (2) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions apply mutatis mutandis to a liquidation-type Fund. In this case, the phrase "the day of receiving the authorization" in item (i) of that paragraph is deemed to be replaced with "the day of receiving the designation under the provisions of Article 19, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013; hereinafter referred to as the "2013 Amendment Act")", the phrase "the day of receiving the authorization" in item (ii) of that paragraph is deemed to be replaced with "the day of receiving the designation under the provisions of Article 19, paragraph (1) of the Supplementary Provisions of the 2013 Amendment Act", and the phrase "of the Fund assuming that it is a Fund that has received the authorization under Article 32, paragraph (1) of the Supplementary Provisions" in item (iv) of that paragraph is deemed to be replaced with "of the Fund assuming that it is a Fund that has received the designation under the provisions of Article 19, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013)".

⑥The provisions of Article 11, paragraph (3) of the Supplementary Provisions apply mutatis mutandis to a liquidation-type Fund. In this case, the phrase "on which it made the application" in that paragraph is deemed to be replaced with "on which it received the designation under the provisions of Article 19, paragraph (1) of the Supplementary Provisions".

⑦A liquidation-type Fund must prepare a plan concerning the liquidation of that liquidation-type Fund (hereinafter referred to as a "liquidation plan"), submit it to the Minister of Health, Labour and Welfare as specified by Order of the Ministry of Health, Labour and Welfare, and receive the Minister's approval.

⑧A liquidation plan must state the following particulars:

⑨A liquidation-type Fund is dissolved upon receiving the approval under paragraph (7), notwithstanding the provisions of Article 145, paragraph (1) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions.

⑩In the case where the provisions of Article 10 of the Supplementary Provisions are applied to a liquidation-type Fund (excluding one that has filed an application for certification under paragraph (1) of the following Article and one that has filed an application for approval under Article 21, paragraph (1) of the Supplementary Provisions), the phrase "a surviving employees' pension Fund that has received the authorization under Article 32, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions" in paragraph (1) of that Article is deemed to be replaced with "a liquidation-type Fund (excluding one that has filed an application for certification under Article 20, paragraph (1) of the Supplementary Provisions and one that has filed an application for approval under Article 21, paragraph (1) of the Supplementary Provisions)", and the phrase "even before the authorization or approval set forth in each of the following items, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions specified in the relevant item" is deemed to be replaced with "even before the approval under Article 19, paragraph (7) of the Supplementary Provisions, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions of Article 8 of the Supplementary Provisions".

①A liquidation-type Fund may, when filing an application for the approval under paragraph (7) of the preceding Article, apply to the Minister of Health, Labour and Welfare for certification to the effect that a reduction of the liability reserve equivalent is acceptable, as provided by Order of the Ministry of Health, Labour and Welfare.

②When an application for certification has been filed under the preceding paragraph, the Minister of Health, Labour and Welfare is to grant the certification if the minister finds that the liquidation-type Fund that filed the application meets the requirements specified by Cabinet Order as those for having made considerable efforts regarding its business operations by the date of the application.

③When a liquidation-type Fund that has received the certification under the preceding paragraph is dissolved pursuant to the provisions of paragraph (9) of the preceding Article (limited to the case where the amount of reserves for pension benefits, etc. on the day of dissolution is less than the liability reserve equivalent), the government, notwithstanding the provisions of Article 8 of the Supplementary Provisions, collects from that liquidation-type Fund the reduced liability reserve equivalent in place of the liability reserve equivalent. In this case, the provisions of Article 34, paragraph (4) of the Supplementary Provisions do not apply, and with regard to the application of the provisions of Article 138, paragraph (6) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions, the phrase "an amount specified by Cabinet Order" in that paragraph is deemed to be replaced with "the reduced liability reserve equivalent prescribed in Article 11, paragraph (7) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013)".

④The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where the government collects the reduced liability reserve equivalent from the liquidation-type Fund pursuant to the provisions of the preceding paragraph. In this case, Cabinet Order provides for the necessary technical replacement of terms.

⑤In the case where the provisions of Article 10 of the Supplementary Provisions are applied to a liquidation-type Fund that has filed an application for certification under the provisions of paragraph (1), the phrase "a surviving employees' pension Fund that has received the authorization under Article 32, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions" in paragraph (1) of that Article is deemed to be replaced with "a liquidation-type Fund that has filed an application for certification under Article 20, paragraph (1) of the Supplementary Provisions", the phrase "even before the authorization or approval set forth in each of the following items, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions specified in the relevant item" with "even before the approval under Article 19, paragraph (7) of the Supplementary Provisions, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions of Article 20, paragraph (3) of the Supplementary Provisions", the phrase "liability reserve equivalent" with "reduced liability reserve equivalent (meaning the reduced liability reserve equivalent prescribed in paragraph (7) of the following Article; the same applies in paragraph (3))", and the phrase "liability reserve equivalent" in paragraph (3) of that Article with "reduced liability reserve equivalent".

①A liquidation-type Fund and the employer of its establishing place of business (where the liquidation-type Fund is established jointly, each employer that has established the liquidation-type Fund; the same applies in the following paragraph and paragraph (6)) may each prepare a plan for payment (hereinafter referred to as a "liquidation-type payment plan") of the portion of the liability reserve equivalent that they are themselves to pay, submit it to the Minister of Health, Labour and Welfare as provided by Order of the Ministry of Health, Labour and Welfare, and receive approval to the effect that the liquidation-type payment plan is appropriate.

②The application for the approval under the preceding paragraph must be filed at the same time by the liquidation-type Fund and the employer of its establishing place of business when applying for the approval under Article 19, paragraph (7) of the Supplementary Provisions.

③The liquidation-type payment plan of a liquidation-type Fund must state the following matters:

④The liquidation-type payment plan of the employer of the establishing place of business of a liquidation-type Fund must state the following matters:

⑤When filing the application for approval under paragraph (1), the sum obtained by adding the amount set forth in paragraph (3), item (i) stated in the liquidation-type payment plan of the liquidation-type Fund and the amount set forth in item (i) of the preceding paragraph stated in the liquidation-type payment plan of the employer of the establishing place of business of the liquidation-type Fund (where the employers of the establishing places of business of the liquidation-type Fund have jointly established that Fund, the total of the amounts set forth in that item stated in the liquidation-type payment plans of the respective employers that have established the liquidation-type Fund) must be the liability reserve equivalent of the liquidation-type Fund.

⑥When an application for approval under paragraph (1) has been filed, the Minister of Health, Labour and Welfare is to grant the approval if the minister finds that the application meets all of the following requirements. In this case, the approval of the liquidation-type payment plans of the liquidation-type Fund and of the employer of its establishing place of business is to be given at the same time:

⑦In granting the approval under the preceding paragraph, the Minister of Health, Labour and Welfare is to certify to that effect if the minister finds that the liquidation-type Fund meets the requirements specified by Cabinet Order as those for having made significant efforts regarding its business operations by the date of the application for the approval and being, on the date of the application for the approval, in a situation in which the continuation of its business is extremely difficult.

⑧When the Minister of Health, Labour and Welfare intends to make the certification under the preceding paragraph, the minister must first consult with the Social Security Council.

⑨In the case where the provisions of Article 10 of the Supplementary Provisions are applied to a liquidation-type Fund that has filed an application for approval under paragraph (1), the phrase "a surviving employees' pension Fund that has received the authorization under Article 32, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions" in paragraph (1) of that Article is deemed to be replaced with "a liquidation-type Fund that has filed an application for approval under Article 21, paragraph (1) of the Supplementary Provisions", the phrase "even before the authorization or approval set forth in each of the following items, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions specified in the relevant item" with "even before the approval under Article 19, paragraph (7) of the Supplementary Provisions, prepay all or part of the liability reserve equivalent that the government is to collect under the provisions of Article 22, paragraph (1) of the Supplementary Provisions", the phrase "liability reserve equivalent" with "amount of reserves for pension benefits, etc. (meaning the amount of reserves for pension benefits, etc. prescribed in paragraph (1) of the following Article; the same applies in paragraph (3))", and the phrase "liability reserve equivalent" in paragraph (3) of that Article with "amount of reserves for pension benefits, etc.".

①In the case where a liquidation-type Fund and the employer of its establishing place of business have received the approval under paragraph (1) of the preceding Article, when the liquidation-type Fund is dissolved pursuant to the provisions of Article 19, paragraph (9) of the Supplementary Provisions (limited to the case where the amount of reserves for pension benefits, etc. on the day of dissolution is less than the liability reserve equivalent), the government, notwithstanding the provisions of Article 8 of the Supplementary Provisions, in collecting the liability reserve equivalent, collects from the liquidation-type Fund the amount of reserves for pension benefits, etc. on the day of dissolution, and collects from the employer of its establishing place of business, on the basis of that employer's liquidation-type payment plan, the amount obtained by deducting that amount of reserves for pension benefits, etc. from the liability reserve equivalent. In this case, the provisions of Article 138, paragraph (6) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions, and the provisions of Article 34, paragraph (4) of the Supplementary Provisions do not apply.

②In making the collection under the preceding paragraph, the government is to grant a grace period for payment on the basis of the liquidation-type payment plan of the employer of the establishing place of business of the liquidation-type Fund.

③The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where, pursuant to paragraph (1), the government collects the amount of the reserves for pension benefits, etc. from the liquidation-type Fund and collects from the employer of its establishing place of business the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the liability reserve equivalent. In this case, the phrase "and the reduced liability reserve equivalent" in Article 11, paragraph (8), item (ii) of the Supplementary Provisions is deemed to be replaced with "and the period and amount for which the employer of its establishing place of business seeks to obtain a grace period for payment, as set forth in Article 21, paragraph (4), item (ii) of the Supplementary Provisions and stated in the liquidation-type payment plan prescribed in paragraph (1) of that Article".

④The provisions of Article 13, paragraph (4) of the Supplementary Provisions apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to paragraph (2). In this case, Cabinet Order provides for the necessary technical replacement of terms.

The provisions of Articles 14 through 16 of the Supplementary Provisions apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to paragraph (2) of the preceding Article. In this case, the phrase "voluntary dissolution Fund" in Article 14, paragraphs (1), (3) and (4), Article 15, paragraphs (1) and (3), and Article 16, paragraphs (1), (2) and (7) of the Supplementary Provisions is deemed to be replaced with "liquidation-type Fund"; in Article 14, paragraph (1) of the Supplementary Provisions, the phrase "the voluntary dissolution Fund payment plan of that employer" is deemed to be replaced with "the liquidation-type payment plan (meaning the liquidation-type payment plan prescribed in Article 21, paragraph (1) of the Supplementary Provisions; the same applies hereinafter) of that employer", the phrase "based on the voluntary dissolution Fund payment plan" with "based on the liquidation-type payment plan", and the phrase "Article 12, paragraph (8) of the Supplementary Provisions" with "Article 21, paragraph (7) of the Supplementary Provisions"; the phrase "voluntary dissolution Fund payment plan" in Article 14, paragraphs (3) through (5) of the Supplementary Provisions and in Article 15, paragraphs (1) and (2) of the Supplementary Provisions is deemed to be replaced with "liquidation-type payment plan"; the phrase "voluntary dissolution-type additional charge rate" in Article 16, paragraphs (1) and (2) of the Supplementary Provisions is deemed to be replaced with "liquidation-type additional charge rate"; and the phrase "Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions" in Article 16, paragraph (2) of the Supplementary Provisions is deemed to be replaced with "Article 19, paragraph (9) of the Supplementary Provisions"; in addition, Cabinet Order provides for the necessary technical replacement of terms.

Where a liquidation-type Fund has filed an application for certification under Article 20, paragraph (1) of the Supplementary Provisions and an application for approval under Article 21, paragraph (1) of the Supplementary Provisions, and has received the certification under Article 20, paragraph (2) of the Supplementary Provisions, paragraphs (3) through (5) of that Article do not apply, and with regard to the application of the provisions of Article 21, paragraphs (1) and (5), Article 22, paragraphs (1) and (3), and Article 69, paragraph (1) of the Supplementary Provisions, the phrase "liquidation-type Fund and" in Article 21, paragraph (1) of the Supplementary Provisions is deemed to be replaced with "liquidation-type Fund that has received the certification under Article 20, paragraph (2) of the Supplementary Provisions, and"; the phrase "liability reserve equivalent" in Article 21, paragraphs (1) and (5) of the Supplementary Provisions with "reduced liability reserve equivalent"; the phrase "collecting the liability reserve equivalent" in Article 22, paragraph (1) of the Supplementary Provisions with "collecting the reduced liability reserve equivalent"; the phrase "from the liability reserve equivalent" in Article 22, paragraphs (1) and (3) of the Supplementary Provisions with "from the reduced liability reserve equivalent"; the phrase "and the reduced liability reserve equivalent" in Article 22, paragraph (3) of the Supplementary Provisions with "'' is replaced with 'reduced liability reserve equivalent' is replaced with 'reduced liability reserve equivalent'"; and the phrase "the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the liability reserve equivalent, respectively, pursuant to the provisions of Article 22, paragraph (1) of the Supplementary Provisions, and" in Article 69, paragraph (1) of the Supplementary Provisions with "the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the reduced liability reserve equivalent, respectively, pursuant to the provisions of Article 22, paragraph (1) of the Supplementary Provisions, and".

In addition to what is provided for in Article 11 of the Supplementary Provisions through the preceding Article, necessary matters concerning voluntary dissolution Funds and liquidation-type Funds are specified by Cabinet Order.

①An application that, at the time this Act comes into effect, has actually been made pursuant to the provisions of Article 33, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act is deemed to be an application for certification made pursuant to the provisions of Article 11, paragraph (1) of the Supplementary Provisions. In this case, the phrase "the day on which it made the application" in Article 11, paragraph (3) of the Supplementary Provisions is deemed to be replaced with "the Effective Date".

②With regard to a specified Fund (meaning a specified Fund prescribed in Article 33, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act; the same applies hereinafter) that is in liquidation and for which, before the Effective Date, the collection of the reduced liability reserve equivalent prescribed in Article 33, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act was to be made pursuant to the provisions of that paragraph, the provisions of Article 33, paragraphs (3) through (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Articles 38 and 40 and Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 114 of the pre-amendment Defined-Benefit Corporate Pension Act as applied mutatis mutandis pursuant to Article 38, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, and the provisions of Article 1-13 of the Supplementary Provisions of the pre-amendment Insurance Business Act as applied mutatis mutandis pursuant to Article 38, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act remain in force. In this case, the phrase "Association" in Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act is deemed to be replaced with "the surviving Pension Fund Association prescribed in Article 3, item (xiii) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013) or the Association prescribed in item (xv) of that Article", and the necessary replacement of terms and other necessary matters regarding the application of the provisions of the pre-amendment Employees' Pension Insurance Act that remain in force pursuant to the provisions of this paragraph are specified by Cabinet Order.

①With regard to a specified Fund that filed an application for approval under Article 34, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act before the Effective Date (excluding one that was dissolved before the Effective Date), the provisions of Article 34 of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act (excluding paragraph (2)), the provisions of Articles 35, 36 and 38, Article 39, paragraph (1) and Article 40 of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 33, paragraphs (4) and (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 34, paragraph (6) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 33, paragraph (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 34, paragraph (8) and Article 36, paragraph (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 34, paragraph (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 36, paragraph (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 114 of the pre-amendment Defined-Benefit Corporate Pension Act as applied mutatis mutandis pursuant to Article 38, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, and the provisions of Article 1-13 of the Supplementary Provisions of the pre-amendment Insurance Business Act as applied mutatis mutandis pursuant to Article 38, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act remain in force. In this case, the phrase "Association" in Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act is deemed to be replaced with "the surviving Pension Fund Association prescribed in Article 3, item (xiii) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013) or the Association prescribed in item (xv) of that Article".

②Where a specified Fund that has received the approval under Article 34, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of the preceding paragraph, has the reduced liability reserve equivalent collected from it pursuant to the provisions of Article 11, paragraph (7) of the Supplementary Provisions, the latter sentence of Article 11, paragraph (7) of the Supplementary Provisions, Article 82, paragraph (1), item (ii) of the Supplementary Provisions and Article 83, paragraph (1) of the Supplementary Provisions do not apply, and with regard to the application of the provisions of Article 34, paragraphs (1), (5), (6) and (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remain in force pursuant to the provisions of the preceding paragraph, the phrase "liability reserve equivalent" in Article 34, paragraphs (1), (5) and (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act is deemed to be replaced with "reduced liability reserve equivalent"; the phrase "the liability reserve equivalent" in Article 34, paragraph (6) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act with "the reduced liability reserve equivalent"; and the phrase "'paragraph (5) of the following Article', and the phrase 'reduced liability reserve equivalent' is replaced with 'liability reserve equivalent', respectively" in Article 34, paragraph (6) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act with ", 'paragraph (5) of the following Article'".

③With regard to a specified Fund that is in liquidation and for which a grace period for payment was granted before the Effective Date pursuant to Article 34, paragraph (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act (hereinafter referred to as a "specified Fund not yet wound up"), the provisions of Article 34, paragraphs (1), (3) and (5) through (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Articles 35 through 38 and Article 40 and Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 33, paragraphs (4) and (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 34, paragraph (6) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 33, paragraph (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 34, paragraph (8) and Article 36, paragraph (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 34, paragraph (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 36, paragraph (8) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, the provisions of Article 114 of the pre-amendment Defined-Benefit Corporate Pension Act as applied mutatis mutandis pursuant to Article 38, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, and the provisions of Article 1-13 of the Supplementary Provisions of the pre-amendment Insurance Business Act as applied mutatis mutandis pursuant to Article 38, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act remain in force. In this case, the phrase "Association" in Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act is deemed to be replaced with "the surviving Pension Fund Association prescribed in Article 3, item (xiii) of the Supplementary Provisions of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013) or the Association prescribed in item (xv) of that Article".

④In addition to what is provided for in the preceding three paragraphs, the necessary replacement of terms and other necessary matters regarding the application of the provisions of the pre-amendment Employees' Pension Insurance Act that remain in force pursuant to the provisions of paragraph (1) or the preceding paragraph are specified by Cabinet Order.

①Where the surviving Pension Fund Association performs the business referred to in that paragraph pursuant to the provisions of Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 27, paragraph (2) of the Supplementary Provisions or paragraph (1) or (3) of the preceding Article, the phrase "these Supplementary Provisions" in Article 92, item (v) of the Supplementary Provisions is deemed to be replaced with "these Supplementary Provisions or Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 27, paragraph (2), or Article 28, paragraph (1) or (3) of the Supplementary Provisions".

②Where the Association performs the business referred to in that paragraph pursuant to the provisions of Article 39, paragraph (1) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 27, paragraph (2) of the Supplementary Provisions or paragraph (1) or (3) of the preceding Article, the phrase "this Act" in Article 121 of the amended Defined-Benefit Corporate Pension Act is deemed to be replaced with "this Act or Article 39, paragraph (1) of the Supplementary Provisions of the Employees' Pension Insurance Act as it stood before amendment by Article 1 of the Act Partially Amending the Employees' Pension Insurance Act, etc. for Ensuring the Soundness and Reliability of the Public Pension System (Act No. 63 of 2013), which remains in force pursuant to Article 27, paragraph (2), or Article 28, paragraph (1) or (3) of the Supplementary Provisions of that Act".

③In addition to what is provided for in the preceding two paragraphs, the necessary replacement of terms and other necessary matters regarding the application of these Supplementary Provisions or the provisions of the amended Defined-Benefit Corporate Pension Act in the cases prescribed in the preceding two paragraphs are specified by Cabinet Order.

①The employer of the establishing place of business of a specified Fund not yet wound up (limited to one that has never been subject to the application of the provisions of Article 36, paragraph (1), item (ii) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions; the same applies in this Article and the following Article) (where the specified Fund not yet wound up has been jointly established, each employer that has established it; the same applies in paragraph (7), item (i)) may, with regard to the portion of the liability reserve equivalent (where the specified Fund not yet wound up is to have the reduced liability reserve equivalent prescribed in Article 33, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act collected pursuant to the provisions of that paragraph, that reduced liability reserve equivalent; the same applies in paragraph (1) of the following Article) that the employer is itself to pay, each prepare a plan for its payment (hereinafter referred to as a "payment plan for a specified Fund not yet wound up"), obtain the consent of the specified Fund not yet wound up, submit the plan to the Minister of Health, Labour and Welfare as provided by Order of the Ministry of Health, Labour and Welfare, and receive approval to the effect that the payment plan for a specified Fund not yet wound up is appropriate.

②The application for the approval under the preceding paragraph may be filed only until the day on which one year elapses, counting from the Effective Date.

③The application for approval under paragraph (1) must, where the employer of the establishing place of business of the specified Fund not yet wound up has jointly established that specified Fund not yet wound up, be filed at the same time by each employer that has established that specified Fund not yet wound up.

④A payment plan for a specified Fund not yet wound up must state the following matters:

⑤When filing the application for approval under paragraph (1), the amount set forth in item (i) of the preceding paragraph stated in the payment plan for a specified Fund not yet wound up must be the amount obtained by deducting the sum of the amounts set forth in item (iii) and item (iv) from the sum of the amounts set forth in item (i) and item (ii):

⑥The adjustment rate referred to in items (ii) and (iv) of the preceding paragraph is a rate determined by the Minister of Health, Labour and Welfare in consideration of the actual investment results of the reserves of the employees' pension account under the pension special account in each fiscal year on or after fiscal year 2005.

⑦When an application for approval under paragraph (1) has been filed, the Minister of Health, Labour and Welfare is to grant the approval if the minister finds that the application meets all of the following requirements. In this case, where the employer of the establishing place of business of the specified Fund not yet wound up has jointly established that specified Fund not yet wound up, the approval of the payment plan for a specified Fund not yet wound up of each employer that has established that specified Fund not yet wound up is to be given at the same time:

⑧When the Minister of Health, Labour and Welfare intends to grant the approval under the preceding paragraph, the minister must first consult with the Social Security Council.

①When the Minister of Health, Labour and Welfare has granted approval pursuant to the provisions of paragraph (7) of the preceding Article, the government exempts the liability reserve equivalent that is to be collected from that specified Fund not yet wound up pursuant to the provisions of Article 34, paragraph (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions (excluding the amount already paid by that specified Fund not yet wound up; the same applies in paragraph (3)), and collects from the employer of its establishing place of business the amount set forth in paragraph (4), item (i) of the preceding Article, on the basis of that employer's payment plan for a specified Fund not yet wound up. In this case, the provisions of Article 33, paragraphs (3) through (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 27, paragraph (2) of the Supplementary Provisions, and the provisions of Article 34, paragraphs (1), (3) and (5) through (8), Articles 35 through 38, Article 39, paragraph (1) and Article 40 of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions, do not apply.

②In making the collection under the preceding paragraph, the government is to grant a grace period for payment on the basis of the payment plan for a specified Fund not yet wound up of the employer of the establishing place of business of that specified Fund not yet wound up.

③The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where, pursuant to the provisions of paragraph (1), the government exempts the liability reserve equivalent that is to be collected from the specified Fund not yet wound up and collects from the employer of its establishing place of business the amount set forth in paragraph (4), item (i) of the preceding Article. In this case, the phrase "and the reduced liability reserve equivalent" in Article 11, paragraph (8), item (ii) of the Supplementary Provisions is deemed to be replaced with "(where the specified Fund not yet wound up is to have the reduced liability reserve equivalent prescribed in Article 33, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act collected pursuant to the provisions of that paragraph, that reduced liability reserve equivalent) and the period and amount for which the employer of its establishing place of business seeks to obtain a grace period for payment, as set forth in Article 30, paragraph (4), item (ii) of the Supplementary Provisions and stated in the payment plan for a specified Fund not yet wound up prescribed in paragraph (1) of that Article".

④The provisions of Article 13, paragraph (4) of the Supplementary Provisions apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to the provisions of paragraph (2). In this case, Cabinet Order provides for the necessary technical replacement of terms.

The provisions of Articles 14 through 16 of the Supplementary Provisions apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to the provisions of paragraph (2) of the preceding Article. In this case, in Article 14, paragraph (1) of the Supplementary Provisions, the phrase "the voluntary dissolution Fund" is deemed to be replaced with "the specified Fund not yet wound up that received that grace period (meaning the specified Fund not yet wound up prescribed in Article 30, paragraph (1) of the Supplementary Provisions; the same applies hereinafter)", the phrase "the voluntary dissolution Fund payment plan of that employer" with "the payment plan for a specified Fund not yet wound up (meaning the payment plan for a specified Fund not yet wound up prescribed in Article 30, paragraph (1) of the Supplementary Provisions; the same applies hereinafter) of that employer", and the phrase "15 years (30 years for the employer of the establishing place of business of a voluntary dissolution Fund that has received the certification under Article 12, paragraph (8) of the Supplementary Provisions) when combined with the period for which a grace period has already been granted to that employer based on the voluntary dissolution Fund payment plan" with "30 years counting from the day following the payment due date of the monies to be collected pursuant to the provisions of Article 34, paragraph (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions"; the phrase "voluntary dissolution Fund" in Article 14, paragraph (3), Article 15, paragraphs (1) and (3), and Article 16, paragraphs (1), (2) and (7) of the Supplementary Provisions is deemed to be replaced with "specified Fund not yet wound up"; the phrase "voluntary dissolution Fund payment plan" in Article 14, paragraphs (3) through (5) and Article 15, paragraphs (1) and (2) of the Supplementary Provisions is deemed to be replaced with "payment plan for a specified Fund not yet wound up"; in Article 14, paragraph (4) of the Supplementary Provisions, the phrase "property of the employer of the establishing place of business of the voluntary dissolution Fund" is deemed to be replaced with "property of the employer of the establishing place of business of the specified Fund not yet wound up that received that grace period (meaning the specified Fund not yet wound up prescribed in Article 30, paragraph (1) of the Supplementary Provisions; the same applies hereinafter)", and the phrase "the employer of the establishing place of business of the voluntary dissolution Fund" with "the employer of the establishing place of business of the specified Fund not yet wound up that received that grace period (meaning the specified Fund not yet wound up prescribed in Article 30, paragraph (1) of the Supplementary Provisions; the same applies hereinafter)"; the phrase "voluntary dissolution-type additional charge rate" in Article 16, paragraphs (1) and (2) of the Supplementary Provisions is deemed to be replaced with "specified-fund-not-yet-wound-up-type additional charge rate"; and in Article 16, paragraph (2) of the Supplementary Provisions, the phrase "was dissolved pursuant to the provisions of Article 145, paragraph (1), item (i) or (ii) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions" is deemed to be replaced with "received the approval under Article 30, paragraph (1) of the Supplementary Provisions"; in addition, Cabinet Order provides for the necessary technical replacement of terms.

①On or after the day on which five years have elapsed counting from the Effective Date, when a surviving employees' pension Fund (excluding voluntary dissolution Funds and liquidation-type Funds that have filed an application for certification under Article 11, paragraph (1) of the Supplementary Provisions or an application for approval under Article 12, paragraph (1) of the Supplementary Provisions; the same applies hereinafter in this Article) falls under all of the following items, the Minister of Health, Labour and Welfare may deem that surviving employees' pension Fund to fall under Article 179, paragraph (5), item (iv) of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 5, paragraph (1) of the Supplementary Provisions: