①A surviving employees' pension Fund that is dissolved on or after the Effective Date (excluding one for which the amount of the reserves for pension benefits, etc. on the day of dissolution is less than the liability reserve equivalent) may, as provided by its articles of Association, where its establishing place of business (or, in the cases specified by Cabinet Order, a part of its establishing place of business; the same applies hereinafter in this paragraph and the following Article) is or is to become an implementing place of business of a defined-benefit corporate pension (meaning an implementing place of business prescribed in Article 4, item (i) of the amended Defined-Benefit Corporate Pension Act; the same applies hereinafter in this paragraph), and the articles of Association of that defined-benefit corporate pension provide in advance that it may receive from that surviving employees' pension Fund the residual assets (hereinafter referred to in this Article as "residual assets") to be distributed, pursuant to the provisions of paragraph (4) of the preceding Article, to members, etc. of a dissolved Fund employed at that establishing place of business (meaning persons to whom a dissolved employees' pension Fund owed obligations concerning the payment of benefits in the form of pensions on the day of its dissolution; the same applies hereinafter), apply to the employer, etc. of that defined-benefit corporate pension (meaning the employer, etc. prescribed in Article 29, paragraph (1) of the amended Defined-Benefit Corporate Pension Act; the same applies hereinafter) for the delivery of the residual assets to the asset management and investment institution, etc. of that defined-benefit corporate pension (meaning the asset management and investment institution, etc. prescribed in Article 30, paragraph (3) of the amended Defined-Benefit Corporate Pension Act; the same applies hereinafter).

②When the asset management and investment institution, etc. of that defined-benefit corporate pension has received the delivery of the residual assets in accordance with the application under the preceding paragraph, the employer, etc. of that defined-benefit corporate pension is to pay to those members, etc. of a dissolved Fund, using the delivered money as the source and as provided by its articles of Association, the benefits set forth in the items of Article 29, paragraph (1) and the items of Article 29, paragraph (2) of the amended Defined-Benefit Corporate Pension Act (hereinafter referred to as "old-age benefits, etc.").

③When the asset management and investment institution, etc. of that defined-benefit corporate pension has received the delivery of the residual assets in accordance with the application under paragraph (1), those residual assets are deemed, for the purpose of the application of paragraph (4) of the preceding Article, to have been distributed to those members, etc. of a dissolved Fund.

④When the employer, etc. of that defined-benefit corporate pension has come to pay old-age benefits, etc. pursuant to the provisions of paragraph (2), it must notify those members, etc. of a dissolved Fund to that effect.

⑤Where the employer, etc. of that defined-benefit corporate pension is unable to give the notice under the preceding paragraph because the whereabouts of members, etc. of a dissolved Fund are unknown, it must, in lieu of that notice, give public notice of the matters to be notified.