A National Pension Fund that is a member of the National Pension Fund Association may, as provided by Cabinet Order, apply to that National Pension Fund Association for the delivery of the amount equivalent to the present value of the pension relating to the membership period with that National Pension Fund of an early leaver (meaning a person who has lost the status as a member of that National Pension Fund (excluding a person who has, on the day of losing that status as a member, the right to receive a pension paid by that National Pension Fund), and whose membership period with that National Pension Fund, calculated as provided by Cabinet Order, is less than the period specified by Cabinet Order; the same applies below) (hereinafter referred to as the "present value amount").
When an application for the delivery of the present value amount is made under the preceding paragraph, the National Pension Fund Association must not refuse it.
The calculation of the present value amount relating to an application for delivery under paragraph (1) is specified by Cabinet Order.
When the National Pension Fund Association receives the delivery of the present value amount relating to an application for delivery under paragraph (1), it is to pay a pension or lump-sum benefit relating to that early leaver, using that delivered amount as the source of funds.
The provisions of Article 129 through Article 131 apply mutatis mutandis to the pension or lump-sum benefit under the preceding paragraph.
第百二十九条から第百三十一条までの規定は、前項の年金又は一時金について準用する。
When a National Pension Fund delivers the present value amount relating to an application for delivery under paragraph (1), it is released from the obligation to pay a pension and lump-sum benefit relating to that early leaver.
When the National Pension Fund Association becomes obligated to pay a pension or lump-sum benefit relating to an early leaver under paragraph (4), it must notify that early leaver to that effect.
When the National Pension Fund Association is unable to give the notice under the preceding paragraph because the whereabouts of the early leaver are not clear, it must, in lieu of the notice under that paragraph, give public notice of the matters that should be notified.