Supplementary Provisions

This Act comes into effect on the date of promulgation.

①Where a small and medium-sized enterprise that, at the time this Act comes into effect, participates in a retirement allowance savings scheme for employees that small and medium-sized enterprises are then jointly carrying out (hereinafter referred to as a "savings scheme" in this Article) and that the Minister of Labour certifies as conforming to the standards specified by Order of the Ministry of Labour concludes, within one year after this Act comes into effect, a retirement allowance mutual aid contract naming those employees as covered employees, and pays to the Corporation, within the range of the amount accumulated in that savings scheme for those employees, the amount obtained by multiplying the amount specified in the left-hand column of the Appended Table of the Supplementary Provisions by the number obtained by dividing the monthly premium on the day on which that retirement allowance mutual aid contract took effect by 100 yen, the number of months specified in the right-hand column of that table is to be aggregated with the number of months of paid premiums. In this case, the number of months to be aggregated may not exceed the number of months of the period during which the small and medium-sized enterprise participated in the savings scheme for those employees (or, where the number of months of that period exceeds 72 months, 72 months).

②When the Minister of Labour intends to establish, pursuant to the provisions of the preceding paragraph, an Order of the Ministry of Labour concerning the standards for certification of savings schemes, the Minister must consult the Minister of Finance and the Minister of International Trade and Industry.