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.