Supplementary Provisions

This Act comes into effect as of January 1, 2017;provided, however, that the provisions set forth in the following items come into effect as of the days respectively specified in those items:

With a target of five years after this Act comes into effect, the government is to take into account the status of enforcement, etc. of the respective Acts as amended by this Act (hereinafter referred to in this Article as "the respective Acts as amended"), and, when it finds it necessary, review the provisions of the respective Acts as amended and take necessary measures based on the results of that review.

①With regard to a disposition on a request for payment of old-age benefits under Article 33, paragraph (1) of the Defined Contribution Pension Act prior to its amendment by the provisions of Article 2 (excluding the amending provisions set forth in Article 1, item (iii) of the Supplementary Provisions) (referred to as the "Pre-amendment Defined Contribution Pension Act" in the following paragraph), which was made before the date this Act comes into effect (referred to as the "Effective Date" in the following paragraph and Article 8 of the Supplementary Provisions) and on which no disposition as to whether or not to pay has been made at the time this Act comes into effect, the provisions then in force continue to govern.

②With regard to payment of a lump-sum withdrawal payment under Article 3, paragraph (1) of the Supplementary Provisions of the Pre-amendment Defined Contribution Pension Act to a person who, before the effective date, lost the status as a participant of a corporate-type pension plan prescribed in Article 2, paragraph (8) of the Pre-amendment Defined Contribution Pension Act or a participant of an individual-type pension plan prescribed in paragraph (10) of that Article, the provisions then in force continue to govern.

Prior laws continue to govern the payment and the deduction from salaries of the employer's contribution prescribed in Article 3, paragraph (3), item (vii) of the Defined Contribution Pension Act before the amendment by the provisions of Article 2 (limited to the amending provisions set forth in Article 1, item (iii) of the Supplementary Provisions), the participant of a corporate-type pension plan's contribution prescribed in item (vii)-2 of Article 3, paragraph (3) of that Act, and the participant of an individual-type pension plan's contribution prescribed in Article 55, paragraph (2), item (iv) of that Act for the month preceding the month containing the day on which the provisions set forth in Article 1, item (iii) of the Supplementary Provisions come into effect and earlier months.

①Prior laws continue to govern the documents to be attached to a written application pertaining to an application for the approval referred to in Article 3, paragraph (1) of the Defined Contribution Pension Act before the amendment by the provisions of Article 3 (referred to as the "Defined Contribution Pension Act before the amendment" in the following paragraph and paragraph (3)) submitted by a person who filed that application before the day on which the provisions set forth in Article 1, item (iv) of the Supplementary Provisions come into effect (hereinafter referred to as the "effective date of item (iv)").

②Prior laws continue to govern the selection and presentation of investment methods, instructions on investment, and exclusion of any investment method with regard to the employer's contribution prescribed in Article 3, paragraph (3), item (vii) of the Defined Contribution Pension Act before the amendment, the participant of a corporate-type pension plan's contribution prescribed in item (vii)-2 of that paragraph, and the participant of an individual-type pension plan's contribution prescribed in Article 55, paragraph (2), item (iv) of the Defined Contribution Pension Act before the amendment, which are to be paid before the effective date of item (iv).

③Within a period not exceeding five years from the item (iv) effective date, if the number of investment methods already presented by the corporate-type pension plan investment-related operational management institution, etc. referred to in Article 23, paragraph (1) of the Defined Contribution Pension Act before the amendment (when applying mutatis mutandis the provisions of that paragraph pursuant to Article 73 of the Defined Contribution Pension Act before the amendment, the defined contribution pension operational management institution referred to in Article 3, paragraph (3), item (iv) of the Defined Contribution Pension Act before the amendment which provides the investment-related services prescribed in Article 2, paragraph (7), item (ii) of the Defined Contribution Pension Act before the amendment in relation to the participant or instructor of an individual-type pension plan referred to in Article 55, paragraph (2), item (iii) of the Defined Contribution Pension Act before the amendment; hereinafter the same applies in this paragraph) pursuant to the provisions of that paragraph (including as applied mutatis mutandis pursuant to Article 73 of the Defined Contribution Pension Act before the amendment) at the time of the enforcement of the provisions set forth in Article 1, item (iv) of the Supplementary Provisions exceeds the number specified by Cabinet Order referred to in Article 23, paragraph (1) of the Defined Contribution Pension Act after the amendment by Article 3 (hereinafter referred to as the "Defined Contribution Pension Act after the amendment" in this paragraph and the following paragraph) (including as applied mutatis mutandis pursuant to Article 73 of the Defined Contribution Pension Act after the amendment), and if applying the provisions of Article 23, paragraph (1) of that Act in relation to that corporate-type pension plan investment-related operational management institution, etc., the phrase "the number specified by Cabinet Order as the maximum number for contributing to appropriate selection of an investment method by corporate-type pension plan participants or instructors" in that paragraph is deemed to be replaced with "the number of investment methods already presented to corporate-type pension plan participants or instructors pursuant to the provisions of Article 23, paragraph (1) before the amendment by Article 3 of the Act Partially Amending the Defined Contribution Pension Act (Act No. 66 of 2016) at the time of enforcement of the provisions set forth in Article 1, item (iv) of the Supplementary Provisions of that Act".

④The provisions of Article 54-5 of the Defined Contribution Pension Act after the amendment apply to the merger, etc. prescribed in that Article that is conducted on or after the item (iv) effective date.

Prior laws continue to govern the applicability of penal provisions to acts committed before the enforcement of this Act (with regard to the provisions set forth in Article 1, items (ii) through (iv) of the Supplementary Provisions, those provisions; hereinafter the same applies in this Article), and to acts committed after the enforcement of this Act when prior laws are to continue to govern the applicability pursuant to the provisions of these Supplementary Provisions.

Beyond what is provided for in Article 3 of the Supplementary Provisions through the preceding Article, Cabinet Order prescribes the necessary transitional measures in relation to the enforcement of this Act.