If, in compiling the current budget status and projections report pursuant to the provisions of Article 2-4, paragraph (1), it is projected not to be possible, over the course of the period subject to budget balancing, to maintain balance in the reserve funds being retained by the government or the implementing organizations in the budget for employees' pension insurance services as the reserve funds that are necessary for ensuring that no obstacles will arise in the payment of insurance benefits at the end of the period subject to budget balancing (meaning the reserve funds in the employees' pension section of the pension special account and the implementing organization reserves provided for in Article 79-2 ), the government is to adjust the amount of insurance benefits, and, by Cabinet Order, is to specify the fiscal year that will begin the period during which the amount of insurance benefits is subject to that adjustment (hereinafter referred to as the "term under adjustment").
If, in the current budget status and projections report, it is found to be no longer necessary to implement the adjustment under the preceding paragraph, the government, by Cabinet Order, is to specify the fiscal year that will end the term under adjustment.
財政の現況及び見通しにおいて、前項の調整を行う必要がなくなつたと認められるときは、政令で、調整期間の終了年度を定めるものとする。
If the government is compiling the current budget status and projections report during a term under adjustment, it must also compile a projection on the fiscal year in which the term under adjustment will end, and must publicly announce these together.
政府は、調整期間において財政の現況及び見通しを作成するときは、調整期間の終了年度の見通しについても作成し、併せて、これを公表しなければならない。
Read this with the articles around it
(Compiling a Current Budget Status and Projections Report)
At least every five years, the government must compile a report on the current status of income and expenditures in connection with the budget for employees' pension insurance services…
政府は、少なくとも五年ごとに、保険料及び国庫負担の額並びにこの法律による保険給付に要する費用の額その他の厚生年金保険事業の財政に係る収支についてその現況及び財政均衡期間における見通し(以下「財政の現況及び見通し」という。)を作成しなければならない。
Open this provision(Term under Adjustment)
If, in compiling the current budget status and projections report pursuant to the provisions of Article 2-4, paragraph (1), it is projected not to be possible…
政府は、第二条の四第一項の規定により財政の現況及び見通しを作成するに当たり、厚生年金保険事業の財政が、財政均衡期間の終了時に保険給付の支給に支障が生じないようにするために必要な積立金(年金特別会計の厚生年金勘定の積立金及び第七十九条の二に規定する実施機関積立金をいう。)を政府等が保有しつつ当該財政均衡期間にわたつてそ…
Open this provision(Purpose of Investment)
Any investment of the reserves (meaning the reserves of the employees' pension account under the pension special account (hereinafter referred to as "special account reserves" in this Chapter) and…
積立金(年金特別会計の厚生年金勘定の積立金(以下この章において「特別会計積立金」という。)及び実施機関(厚生労働大臣を除く。次条第三項において同じ。)の積立金のうち厚生年金保険事業(基礎年金拠出金の納付を含む。)に係る部分に相当する部分として政令で定める部分(以下「実施機関積立金」という。)をいう。以下この章において…
Open this provisioncurrent budget status and projections report
「財政の現況及び見通し」
The report the government must draw up at least every five years on the income and spending of Employees' Pension Insurance — premiums, the national treasury's share, the cost of insurance benefits and the rest — as they stand and as expected over the period subject to budget balancing (財政均衡期間) (Article 2-4).
Short name set inArticle 2-4, paragraph (1)
period subject to budget balancing
「財政均衡期間」
The period of about 100 years from the year in which the current budget status and projections report (財政の現況及び見通し) is drawn up (Article 2-4, paragraph (2)).
Short name set inArticle 2-4, paragraph (2)· applies only in this provision and in Article 34, paragraph (1); and Article 84-6, paragraph (3), item (ii)
the government and the implementing organizations
「政府等」
The government and the implementing organizations (実施機関) other than the Minister of Health, Labour and Welfare — the bodies that provide the insurance benefits of the Employees' Pension Insurance Act: employees' old-age pensions, employees' disability pensions and disability allowances, and employees' pensions for surviving family.
Short name set inArticle 32, paragraph (1)· applies only in this provision and in Article 34, paragraph (1); Article 40; Article 79, paragraphs (1) and (2); Article 81, paragraph (1); Article 84-5, paragraph (2); Article 84-6, paragraph (2); and Supplementary Provisions, Article 23-3
term under adjustment
「調整期間」
The period during which the government adjusts the amounts of insurance benefits (保険給付) because, when it draws up the current budget status and projections report (財政の現況及び見通し), the finances of Employees' Pension Insurance are not expected to stay in balance over the period subject to budget balancing (財政均衡期間) while the reserves (積立金) needed are kept; a Cabinet Order (政令) sets the fiscal year it starts (Article 34).
Short name set inArticle 34, paragraph (1)
implementing organization reserves
「実施機関積立金」
The part of the reserves of each implementing organization (実施機関) other than the Minister of Health, Labour and Welfare that a Cabinet Order (政令) defines as corresponding to its employees' pension insurance business (including payment of basic pension contributions (基礎年金拠出金)); with the special account reserves (特別会計積立金) of the employees' pension account, these make up the reserves (積立金) whose investment Article 79-2 and the provisions after it govern.
Short name set inArticle 79-2, paragraph (1)