The amount of a retirement allowance in the case where a covered employee, among covered employees under retirement allowance mutual aid contracts that took effect before the Partial Effective Date, for whom a past service premium has been paid and for whom a past service premium has not been paid for some of the months from the month containing the day on which the retirement allowance mutual aid contract took effect through the month in which five years elapse (where the past service period is less than five years, the number of years of that past service period) (hereinafter referred to as an "Article 9 covered employee" in Article 7 of the Supplementary Provisions as applied with terms replaced pursuant to this Article and in Article 13 of the Supplementary Provisions) retires on or after the Partial Effective Date is the amount specified in each of the following items according to the category of the number of months of paid premiums set out in that item.

Of the retirement allowances paid where an Article 7 covered employee for whom the number of months of paid premiums relating to a former Act contract is aggregated, for a 1990 Act contract, pursuant to Article 14 of the Former Act (hereinafter referred to as an "Article 10 covered employee" in Article 13 of the Supplementary Provisions) retires on or after the Partial Effective Date, the amount of a retirement allowance that would be less than the greater of the following amounts is, notwithstanding Article 7 of the Supplementary Provisions, that greater amount.

①The payment rate under Article 10, paragraph (2), item (iii), (b) of the New Act for fiscal year 1996 is, notwithstanding Article 10, paragraph (3) of the New Act, to be determined pursuant to the provisions of paragraph (3).

②The payment rate under Article 10, paragraph (2), item (iii), (b) of the New Act and Article 7, item (iii), (b) of the Supplementary Provisions (hereinafter referred to as the "provisions on the payment rate" in this Article) for each fiscal year on or after fiscal year 1997 is, where, at the time of determining the payment rate for that fiscal year, there is a covered employee for whom the specified hypothetical retirement allowance amount is to be calculated for that fiscal year (hereinafter referred to as a "transitional covered employee" in this Article), to be determined pursuant to the provisions of paragraph (4), notwithstanding Article 10, paragraph (3) of the New Act.

③The payment rate under the provisions on the payment rate for fiscal year 1996 is to be determined on the Partial Effective Date by the Minister of Labour, as provided by Order of the Ministry of Labour, after hearing the opinion of the Small and Medium Sized Enterprise Retirement Allowance Mutual Aid Council, on the basis of the rate obtained by dividing the amount calculated as the part of the investment income for fiscal year 1995 that is to be applied to the payment of the amounts specified in Article 7, item (iii), (b) of the Supplementary Provisions by the total of the specified hypothetical retirement allowance amounts of those transitional covered employees who will have a calculation month in fiscal year 1996, and taking into account the estimated amount of investment income from fiscal year 1996 onward and other circumstances.

④The payment rate under paragraph (2) is to be determined by the Minister of Labour, for each fiscal year, as provided by Order of the Ministry of Labour, by the end of the fiscal year preceding that fiscal year, after hearing the opinion of the Small and Medium Sized Enterprise Retirement Allowance Mutual Aid Council, on the basis of the rate obtained by dividing the amount calculated as the part of the investment income for the fiscal year preceding that fiscal year that is to be applied to the payment of the amounts specified in the provisions on the payment rate by the total of the hypothetical retirement allowance amounts specified in Article 10, paragraph (2), item (ii) of the New Act and the specified hypothetical retirement allowance amounts of those covered employees, among covered employees for whom the amount of the retirement allowance is calculated by applying Article 10, paragraph (2) of the New Act and transitional covered employees, who will have a calculation month in that fiscal year, and taking into account the estimated amount of investment income from that fiscal year onward and other circumstances.

①The provisions of Article 10-3, paragraph (3) of the New Act apply to the payment of a retirement allowance relating to a covered employee who retires on or after the Effective Date, and the provisions then in force continue to govern the payment of a retirement allowance relating to a covered employee who retired before the Effective Date.

②The provisions of Article 10-3, paragraph (4) of the New Act apply to covered employees other than a covered employee who retired before the Effective Date and who, by the date specified by Order of the Ministry of Labour (hereinafter referred to as the "specified day" in the following paragraph), requested payment of the retirement allowance by installment payment (hereinafter referred to as a "covered employee under the transitional installment payment rate" in this paragraph), and the provisions then in force continue to govern the installment payment rate under paragraph (4) of that Article relating to a covered employee under the transitional installment payment rate.

③With respect to the application of Article 10-3, paragraph (4) of the New Act to a covered employee who retired on or after the Effective Date and before April 1, 1996 and who, by the specified day, requested payment of the retirement allowance by installment payment, the phrase "56/1,000" in that paragraph is deemed to be replaced with "57.4/1,000", and the phrase "31.1/1,000" with "32.5/1,000".