Article 25-2Special Provisions on Instructions on Investment When a Default Investment Method Has Been Presented
第二十五条の二(指定運用方法が提示されている場合の運用の指図の特例)
If a corporate-type pension plan records-related operational management institution, etc. has not received instructions on investment from a participant of a corporate-type pension plan even after the passage of a period specified by the corporate-type pension plan rules (referred to as the "specified period" in the following paragraph) that is three months or more from the days specified in the following items for the respective categories of cases set forth in those items, the corporate-type pension plan records-related operational management institution, etc. must give notice of the particulars referred to in the following paragraph and the default investment method to the participant of a corporate-type pension plan:
when a default investment method has been presented pursuant to the provisions of Article 23-2, paragraph (1), if a participant of a corporate-type pension plan acquires the status as such:the day on which the employer's contribution or the participant of a corporate-type pension plan's contribution (referred to as the "employer's contribution, etc." in the following item and paragraph (3)) was paid for the first time after that; and
第二十三条の二第一項の規定により指定運用方法が提示されている場合であって、企業型年金加入者がその資格を取得したとき その後最初に事業主掛金又は企業型年金加入者掛金(次号及び第三項において「事業主掛金等」という。)の納付が行われた日
when a participant of a corporate-type pension plan has acquired the status as such, if a default investment method is presented pursuant to the provisions of Article 23-2, paragraph (1):the day on which the employer's contribution, etc. was paid for the first time after that.
企業型年金加入者がその資格を取得している場合であって、第二十三条の二第一項の規定により指定運用方法が提示されたとき その後最初に事業主掛金等の納付が行われた日
If a participant of a corporate-type pension plan who has received a notice under the provisions of the preceding paragraph does not give instructions on investment even after the passage of a period specified by the corporate-type pension plan rules (referred to as the "grace period" in the following paragraph) that is two weeks or more from the day of passage of the specified period, the participant of a corporate-type pension plan is deemed to have selected the default investment method pertaining to that notice, and to have given an instruction on investment to allot the entire amount of that person's uninstructed assets managed per individual to the default investment method.
The "uninstructed assets managed per individual" referred to in the preceding paragraph means assets managed per individual for which no instructions on investment have been given by the day on which the grace period pertaining to the notice under the provisions of paragraph (1) ends and those for which no instructions on investment have been given with regard to the employer's contribution, etc. paid after that day.
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