This Act comes into effect on April 1, 2002.

①If the employer of its implementing place of business has concluded a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the Corporation Tax Act as amended by the provisions of the preceding Article (hereinafter referred to as "the New Corporation Tax Act"), an employer, etc. may, only until March 31, 2012 and upon obtaining the approval of the Minister of Health, Labour and Welfare (or, if that defined-benefit corporate pension is a fund-type corporate pension, the authorization), succeed to the rights and obligations concerning the payment of benefits pertaining to the beneficiaries of a trust prescribed in paragraph (2), item (i), (b) of that Article, the insurance beneficiaries prescribed in item (ii), (b) of that paragraph or the mutual aid benefit beneficiaries prescribed in item (iii), (b) of that paragraph (hereinafter referred to as "beneficiaries, etc. of a transferred qualified retirement pension") under that qualified retirement pension contract.

②The provisions of Article 74, paragraphs (2) and (3) apply mutatis mutandis to the case where, if that defined-benefit corporate pension is a contract-type corporate pension, the employer applies for the approval referred to in the preceding paragraph, and the provisions of Article 76, paragraph (2) apply mutatis mutandis to the case where, if that defined-benefit corporate pension is a fund-type corporate pension, the fund applies for the authorization referred to in the preceding paragraph.

③If that employer, etc. succeeds to the rights and obligations pursuant to the provisions of paragraph (1), the reserves under that qualified retirement pension contract are to be transferred from the corporation listed in any of the items of Article 20, paragraph (2) of the Supplementary Provisions of the New Corporation Tax Act that pertains to that qualified retirement pension contract to the asset management institution, etc. of that defined-benefit corporate pension.

④With regard to a defined-benefit corporate pension that has succeeded to the rights and obligations concerning the payment of benefits pertaining to beneficiaries, etc. of a transferred qualified retirement pension pursuant to the provisions of paragraph (1), the provisions of Article 36, paragraph (4) and Article 41, paragraph (3) do not apply, and with regard to the application of Article 36, paragraph (2) and Article 41, paragraph (2), the phrase "the following requirements (" in Article 36, paragraph (2) is deemed to be replaced with "the following requirements (for beneficiaries, etc. of a transferred qualified retirement pension whose rights and obligations concerning the payment of benefits have been succeeded to pursuant to the provisions of Article 25, paragraph (1) of the Supplementary Provisions, the requirements separately specified by Cabinet Order, and", and the phrase "the following requirements" in Article 41, paragraph (2) is deemed to be replaced with "the following requirements (for beneficiaries, etc. of a transferred qualified retirement pension whose rights and obligations concerning the payment of benefits have been succeeded to pursuant to the provisions of Article 25, paragraph (1) of the Supplementary Provisions, the requirements separately specified by Cabinet Order)".

①If the employer of its establishing place of business has concluded a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the New Corporation Tax Act, an employees' pension fund may, only until March 31, 2012 and upon obtaining the authorization of the Minister of Health, Labour and Welfare, succeed to the rights and obligations concerning the payment of benefits pertaining to beneficiaries, etc. of a transferred qualified retirement pension.

②The provisions of Article 107, paragraph (3) apply mutatis mutandis to the case where an employees' pension fund applies for the authorization referred to in the preceding paragraph.

③If that employees' pension fund succeeds to the rights and obligations pursuant to the provisions of paragraph (1), the reserves under that qualified retirement pension contract are to be transferred from the corporation listed in any of the items of Article 20, paragraph (2) of the Supplementary Provisions of the New Corporation Tax Act that pertains to that qualified retirement pension contract to that employees' pension fund.

④With regard to a beneficiary, etc. of a transferred qualified retirement pension whose rights and obligations concerning the payment of benefits are succeeded to pursuant to the provisions of paragraph (1) and who does not become a member of that employees' pension fund, the provisions of Articles 131 through 133-2 and Article 135 of the Employees' Pension Insurance Act, and of Article 36, paragraphs (1) and (2) of that Act as applied mutatis mutandis pursuant to Article 136 of that Act, do not apply.

⑤The provisions of Article 41 of the Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 136 of that Act do not apply to benefits in the form of a pension or benefits in the form of a lump-sum payment that an employees' pension fund which has succeeded to the rights and obligations concerning the payment of benefits pertaining to beneficiaries, etc. of a transferred qualified retirement pension pursuant to the provisions of paragraph (1) pays on the grounds of death (limited to those paid to a person who, on the date of obtaining the authorization referred to in paragraph (1), has the right to receive benefits of a retirement pension paid due to the death of a beneficiary, etc. of a transferred qualified retirement pension under that qualified retirement pension contract).

Beyond what is provided for in the preceding two Articles, necessary matters concerning the succession to rights and obligations pertaining to a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the New Corporation Tax Act are specified by Cabinet Order.

①If a small and medium sized enterprise prescribed in Article 2, paragraph (1) of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act (hereinafter simply referred to as a "small and medium sized enterprise" in this Article) that has concluded a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the New Corporation Tax Act concludes, by March 31, 2012, a retirement allowance mutual aid contract prescribed in Article 2, paragraph (3) of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act (hereinafter simply referred to as a "retirement allowance mutual aid contract" in this Article) with the employees it employs as covered employees, and the other party to that qualified retirement pension contract concludes with the Organization for Workers' Retirement Allowance Mutual Aid, an incorporated administrative agency (hereinafter referred to as "the Organization" in this Article) a contract under which it promises, with respect to the persons who have become covered employees under that retirement allowance mutual aid contract, to hand over to the Organization an amount within the limit of the covered employee's share under that qualified retirement pension contract (meaning the amount calculated, by the method specified by Order of the Ministry of Health, Labour and Welfare, as that covered employee's share out of the portion borne by the small and medium sized enterprise of the value of the trust property, the amount equivalent to the insurance reserves or the amount equivalent to the mutual aid premium reserves pertaining to that qualified retirement pension contract), and other matters specified by Order of the Ministry of Health, Labour and Welfare, that other party is to hand over that amount (hereinafter referred to as the "amount to be handed over" in this Article) to the Organization as provided in the contract with the Organization.

②With regard to the amount specified by Cabinet Order, out of the amount to be handed over, in consideration of the monthly installment as of the date on which that retirement allowance mutual aid contract took effect and other circumstances, the number of months specified by Cabinet Order is to be added to the number of months of installment payments for the covered employee under that retirement allowance mutual aid contract, as provided by Order of the Ministry of Health, Labour and Welfare. In this case, the number of months to be added may not exceed the number of months of the period during which the person who has become the covered employee under that retirement allowance mutual aid contract was a beneficiary, etc. of a transferred qualified retirement pension under a qualified retirement pension contract.

③The amount of the retirement allowance payable when a covered employee under that retirement allowance mutual aid contract who has the remaining amount obtained by deducting the amount specified by Cabinet Order referred to in the preceding paragraph from the amount to be handed over retires is, notwithstanding the provisions of the proviso to Article 10, paragraph (1) and paragraph (2) of that Article of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act, the amount specified in the following items in accordance with the category of the number of months of installment payments after the addition under the provisions of the preceding paragraph listed in those items:

④The amount of the cancellation allowance payable when the retirement allowance mutual aid contract pertaining to a covered employee under that retirement allowance mutual aid contract who has the remaining amount referred to in the preceding paragraph is cancelled is, notwithstanding the provisions of Article 16, paragraph (3) of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act, the amount calculated in accordance with the provisions of the preceding paragraph.

⑤With regard to a covered employee under a retirement allowance mutual aid contract for whom the amount to be handed over has been handed over to the Organization pursuant to the provisions of paragraph (1), the small and medium sized enterprise may not, notwithstanding the provisions of Article 27, paragraph (1) of the Small and Medium Sized Enterprise Retirement Allowance Cooperative Act, make the request referred to in that paragraph.

The provisions then in force continue to govern the application of penal provisions to conduct engaged in before this Act (or, for the provisions set forth in the items of Article 1 of the Supplementary Provisions, those provisions) comes into effect.

Beyond what is provided for in these Supplementary Provisions, transitional measures necessary incidental to the enforcement of this Act are specified by Cabinet Order.