In investing surplus funds arising in the course of retirement allowance mutual aid operations, the Organization must not use any method other than the following:
acquisition of national government bonds, local government bonds, government-guaranteed bonds (meaning bonds for which the government guarantees the redemption of principal and the payment of interest), and other securities designated by the Minister of Health, Labour and Welfare;
国債、地方債、政府保証債（その元本の償還及び利息の支払について政府が保証する債券をいう。）その他厚生労働大臣の指定する有価証券の取得
deposits with banks and other financial institutions designated by the Minister of Health, Labour and Welfare;
銀行その他厚生労働大臣の指定する金融機関への預金
trusts with a financial institution engaged in trust business or with a trust company (for a trust that specifies the method of investment (excluding a trust made by concluding, with a financial instruments business operator (meaning a financial instruments business operator prescribed in Article 2, paragraph (9) of the Financial Instruments and Exchange Act), a discretionary investment contract (meaning a contract prescribed in Article 2, paragraph (8), item (xii), (b) of that Act) that is specified by Cabinet Order), limited to one designated by the Minister of Health, Labour and Welfare);
信託業務を営む金融機関又は信託会社への信託（運用方法を特定する信託（金融商品取引業者（金融商品取引法第二条第九項に規定する金融商品取引業者をいう。）との投資一任契約（同条第八項第十二号ロに規定する契約をいう。）であつて政令で定めるものの締結によるものを除く。）については、厚生労働大臣の指定するものに限る。）
acquisition of real property designated by the Minister of Health, Labour and Welfare;
厚生労働大臣の指定する不動産の取得
payment of premiums for life insurance under which a covered employee is the insured (limited to insurance under which the event giving rise to the payment of the insurance benefit is the retirement of the insured, in the investment of surplus funds arising in the course of retirement allowance mutual aid operations other than specified-industry surplus funds, or the insured's falling under a ground listed in the items of Article 43, paragraph (1) (including as applied pursuant to paragraphs (2) and (3) of that Article), in the investment of specified-industry surplus funds);
deposits with the Fiscal Loan Fund.
財政融資資金への預託
Trust property (excluding money and the securities prescribed in item (i) of the preceding paragraph) that comes to belong to the Organization upon the termination or partial cancellation of a trust under the provisions of item (iii) of the preceding paragraph must be invested immediately by the method listed in item (iii) of the preceding paragraph.
In investing surplus funds arising in the course of retirement allowance mutual aid operations, consideration must be given to ensuring, to the extent that safe and efficient investment is not impaired, that the funds are lent as far as possible as business funds for small and medium-sized enterprises or as funds for promoting the welfare of their employees.
The provisions of Article 47 of the General Rules Act do not apply to the retirement allowance mutual aid operations of the Organization.
The Organization may, as provided for by Order of the Ministry of Health, Labour and Welfare, pool and invest the surplus funds arising in the course of general small and medium-sized enterprise retirement allowance mutual aid operations and specified-industry retirement allowance mutual aid operations.
機構は、厚生労働省令で定めるところにより、一般の中小企業退職金共済業務及び特定業種退職金共済業務に係る業務上の余裕金を合同して運用することができる。
Read this with the articles around it
small and medium-sized enterprisemachine translation
「中小企業者」
An employer (事業主) — other than the State, a local government or a similar body an Order of the Ministry of Health, Labour and Welfare (厚生労働省令) names — that regularly employs no more than 300 employees, or is a corporation with stated capital or total contributions of no more than 300 million yen; where its main business is wholesale, the limits are 100 employees or 100 million yen, in services 100 employees or 50 million yen, and in retail 50 employees or 50 million yen.
Defined inArticle 2, paragraph (1)· applies throughout the law
retirementmachine translation
「退職」
The ending of an employee's employment relationship with their employer (事業主).
Defined inArticle 2, paragraph (2)· applies throughout the law
the Organizationmachine translation
「機構」
The Organization for Workers' Retirement Allowance Mutual Aid (独立行政法人勤労者退職金共済機構), an incorporated administrative agency, throughout this Act except Articles 56 and 57.
Short name set inArticle 2, paragraph (3)· applies from here on, except in Articles 56 and 57
covered employeemachine translation
「被共済者」
A person to whom the Organization (機構) must pay a retirement allowance (退職金) when they leave their employment, under a retirement allowance mutual aid contract (退職金共済契約) or a specified-industry retirement allowance mutual aid contract (特定業種退職金共済契約).
Defined inArticle 2, paragraph (7)· applies throughout the law
retirement allowance mutual aid operationsmachine translation
「退職金共済業務」
The Organization's (機構) work under Article 70, paragraph (1): running the small and medium-sized enterprise retirement allowance mutual aid business for retirement allowance mutual aid contracts (退職金共済契約) and specified-industry retirement allowance mutual aid contracts (特定業種退職金共済契約), and work incidental to it.
Short name set inArticle 38, paragraph (1)
General Rules Actmachine translation
「通則法」
Short name for the Act on General Rules for Incorporated Administrative Agencies (Act No. 103 of 1999).
Short name set inArticle 57, paragraph (1)
specified-industry retirement allowance mutual aid operationsmachine translation
「特定業種退職金共済業務」
The part of the Organization's (機構) retirement allowance mutual aid operations (退職金共済業務) carried on separately for each specified industry (特定業種); a management board (運営委員会) is set up for each industry to help them run smoothly.
Short name set inArticle 67, paragraph (1)