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.