①When a National Pension Fund that is a member is dissolved, the National Pension Fund Association collects, from that dissolved National Pension Fund, the amount equivalent to the policy reserve prescribed in Article 95-2 relating to the members of a dissolved fund of that National Pension Fund.

②When a member of a dissolved fund relating to a National Pension Fund from which the National Pension Fund Association collected the amount equivalent to the policy reserve under the preceding paragraph acquires the right to receive an old-age basic pension, or when a member of a dissolved fund relating to that National Pension Fund had, on the day of that National Pension Fund's dissolution, the right to receive an old-age basic pension, the National Pension Fund Association is to pay a pension to that member of a dissolved fund, and, if that member of a dissolved fund dies and the survivors receive a death lump-sum payment, is to pay a lump-sum benefit to those survivors.

③The amount of the pension under the preceding paragraph is the amount obtained by multiplying 200 yen by the number of months of the membership period relating to that dissolved National Pension Fund, and the amount of the lump-sum benefit under that paragraph is 8,500 yen.

④A dissolved National Pension Fund may, as provided by the articles, apply to the National Pension Fund Association that collected the amount equivalent to the policy reserve under paragraph (1), for the delivery of the residual assets that are to be distributed to a member of a dissolved fund under Article 137, paragraph (4).

⑤When the National Pension Fund Association receives the delivery of residual assets that are to be distributed to a member of a dissolved fund in accordance with an application under the preceding paragraph, it is to add to the amount of the pension or lump-sum benefit relating to that member of a dissolved fund, using that delivered amount as the source of funds, as provided by Cabinet Order.

⑥When the National Pension Fund Association receives the delivery of the residual assets prescribed in the preceding paragraph, for the purpose of the application of Article 137, paragraph (4), those residual assets are deemed to have been distributed to that member of a dissolved fund.

⑦When the National Pension Fund Association becomes obligated to add to the amount of the pension or lump-sum benefit relating to a member of a dissolved fund under paragraph (5), it must notify that member of a dissolved fund to that effect.

⑧The provisions of Article 137-17, paragraph (2) apply mutatis mutandis to an application under paragraph (4), and the provisions of paragraph (8) of that Article apply mutatis mutandis to a notice under the preceding paragraph.