A retirement allowance mutual aid contract is to be concluded for each covered employee, specifying the monthly premium.
The monthly premium must be 5,000 yen or more and 30,000 yen or less per covered employee (2,000 yen in the case of a covered employee who, on the date of application for the retirement allowance mutual aid contract, is a person whose prescribed weekly working hours are shorter than the prescribed weekly working hours of an ordinary employee employed by the mutual aid policyholder and are less than the number of hours determined by the Minister of Health, Labour and Welfare (referred to as a "short-time covered employee" in Article 27, paragraph (4))).
The monthly premium must be, where it exceeds 2,000 yen but is less than 10,000 yen, an amount obtained by multiplying 1,000 yen by an integer, and, where it exceeds 10,000 yen but is less than 30,000 yen, an amount obtained by multiplying 2,000 yen by an integer.
掛金月額は、二千円を超え一万円未満であるときは千円に整数を乗じて得た額、一万円を超え三万円未満であるときは二千円に整数を乗じて得た額でなければならない。
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retirement allowance mutual aid contractmachine translation
「退職金共済契約」
A contract under which an employer (事業主) promises to pay premiums (掛金) to the Organization for Workers' Retirement Allowance Mutual Aid (独立行政法人勤労者退職金共済機構) and the Organization promises to pay a retirement allowance (退職金), as this Act provides, when the employer's employees leave; a specified-industry retirement allowance mutual aid contract (特定業種退職金共済契約) is not one.
Defined inArticle 2, paragraph (3)· applies throughout the law
mutual aid policyholdermachine translation
「共済契約者」
An employer (事業主) that is a party to a retirement allowance mutual aid contract (退職金共済契約) or a specified-industry retirement allowance mutual aid contract (特定業種退職金共済契約).
Defined inArticle 2, paragraph (6)· applies throughout the law
covered employeemachine translation
「被共済者」
A person to whom the Organization (機構) must pay a retirement allowance (退職金) when they leave their employment, under a retirement allowance mutual aid contract (退職金共済契約) or a specified-industry retirement allowance mutual aid contract (特定業種退職金共済契約).
Defined inArticle 2, paragraph (7)· applies throughout the law
short-time covered employeemachine translation
「短時間労働被共済者」
In Article 4, paragraph (2) and Article 27, paragraph (4), a covered employee (被共済者) whose prescribed weekly working hours, on the day the retirement allowance mutual aid contract (退職金共済契約) is applied for, are shorter than those of the employer's ordinary employees and fewer than the number of hours the Minister of Health, Labour and Welfare (厚生労働大臣) sets; their monthly premium (掛金月額) may be as low as 2,000 yen instead of 5,000 yen.
Short name set inArticle 4, paragraph (2)· applies only in this provision and in Article 27, paragraph (4)