①An old-age Fund early leaver, etc. may, where the person has acquired the status as a corporate-type pension plan participant (meaning a corporate-type pension plan participant prescribed in Article 2, paragraph (8) of the amended Defined Contribution Pension Act; the same applies in Article 59, paragraph (1) of the Supplementary Provisions) or an individual-type pension plan participant (meaning an individual-type pension plan participant prescribed in Article 2, paragraph (10) of the amended Defined Contribution Pension Act; the same applies in Article 59, paragraph (1) of the Supplementary Provisions), and the articles of Association of the surviving Pension Fund Association provide in advance that the reserves for pension benefits or other reserves specified by the articles of Association of the surviving Pension Fund Association may be transferred to the asset management institution (meaning the asset management institution prescribed in Article 2, paragraph (7), item (i), (b) of the amended Defined Contribution Pension Act; the same applies hereinafter in this Article and Article 59 of the Supplementary Provisions) of the corporate-type pension plan (meaning the corporate-type pension plan prescribed in Article 2, paragraph (2) of the amended Defined Contribution Pension Act; the same applies hereinafter in this Article and Article 59 of the Supplementary Provisions) in which that corporate-type pension plan participant participates, or to the Association prescribed in Article 2, paragraph (5) of the amended Defined Contribution Pension Act (hereinafter referred to as the "National Pension Fund Association for individual-type pensions"), apply to the surviving Pension Fund Association for the transfer of those reserves for pension benefits or other reserves to the asset management institution of the corporate-type pension plan in question or the National Pension Fund Association for individual-type pensions; provided, however, that this does not apply where the old-age Fund early leaver, etc. holds the right to receive the old-age pension benefit paid by the surviving Pension Fund Association or the surviving Pension Fund Association old-age benefit under Article 42, paragraph (3) or Article 43, paragraph (3) of the Supplementary Provisions.

②When an application has been made under the preceding paragraph, the surviving Pension Fund Association is to transfer to the asset management institution of the corporate-type pension plan in question or the National Pension Fund Association for individual-type pensions the reserves for pension benefits or other reserves to which the application pertains.

③When the surviving Pension Fund Association has transferred reserves for pension benefits or other reserves pursuant to the preceding paragraph, it is relieved of its obligation concerning the payment of the old-age pension benefit, the death lump-sum and other lump-sum benefits, or the surviving Pension Fund Association old-age benefit or the surviving Pension Fund Association survivor benefit under Article 42, paragraph (3) or Article 43, paragraph (3) of the Supplementary Provisions pertaining to that old-age Fund early leaver, etc.

④When reserves for pension benefits or other reserves have been transferred to the asset management institution of the corporate-type pension plan in question or the National Pension Fund Association for individual-type pensions pursuant to the provisions of paragraph (2), the corporate-type record-keeping operations manager, etc. of that corporate-type pension plan (meaning the corporate-type record-keeping operations manager, etc. prescribed in Article 17 of the amended Defined Contribution Pension Act; the same applies in Article 59, paragraph (4) of the Supplementary Provisions) or the National Pension Fund Association for individual-type pensions must notify that old-age Fund early leaver, etc. to that effect.