# 確定拠出年金法 / Defined Contribution Pension Act — 第二十三条の二 (Article 23-2)

- Law: 確定拠出年金法 (Defined Contribution Pension Act), 平成十三年法律第八十八号
- English title "Defined Contribution Pension Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第二十三条の二 (Article 23-2)（指定運用方法の選定） — address `art-23-2`
- Text in force since: 2026-04-01
- URL (the page that opens at this provision): https://japanlaw.org/en/defined-contribution-pension-act/art-23-2
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/413AC0000000088/art-23-2
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第二十三条の二（指定運用方法の選定） — (Selection of a Default Investment Method)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-23-2 · https://japanlaw.org/en/defined-contribution-pension-act/art-23-2 · https://japanlaw.org/l/413AC0000000088/art-23-2</sup>

  **第一項**  企業型運用関連運営管理機関等は、企業型年金規約で定めるところにより、前条第一項の規定により提示する運用の方法のほか、対象運用方法のうちから一の運用の方法を選定し、企業型年金加入者に提示することができる。
  <sup>art-23-2/par-1 · https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-1 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-1</sup>
  Pursuant to the provisions of the corporate-type pension plan rules a corporate-type pension plan investment-related operational management institution, etc. may select one investment method from among the subject investment methods and present it to a participant of a corporate-type pension plan, in addition to the investment methods presented pursuant to the provisions of paragraph (1) of the preceding Article.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  前項の規定により選定した運用の方法（以下「指定運用方法」という。）は、長期的な観点から、物価その他の経済事情の変動により生ずる損失に備え、収益の確保を図るためのものとして厚生労働省令で定める基準に適合するものでなければならない。
  <sup>art-23-2/par-2 · https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-2 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-2</sup>
  The investment method selected pursuant to the provisions of the preceding paragraph (hereinafter referred to as the "default investment method") must be one that complies with the standards specified by Order of the Ministry of Health, Labour and Welfare as those for securing profits from a long-term perspective to provide against losses that may be caused due to changes in prices and other economic situations.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  前条第三項の規定は、第一項の規定により指定運用方法を選定する場合について準用する。
  <sup>art-23-2/par-3 · https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-3 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-3</sup>
  The provisions of paragraph (3) of the preceding Article apply mutatis mutandis to the case of selecting a default investment method pursuant to the provisions of paragraph (1).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-23-2/par-1: 前条第一項 → 確定拠出年金法 第二十三条第一項 (Article 23, paragraph (1)), art-23/par-1 — https://japanlaw.org/en/defined-contribution-pension-act/art-23/par-1 · https://japanlaw.org/l/413AC0000000088/art-23/par-1
- art-23-2/par-2: 前項 → 確定拠出年金法 第二十三条の二第一項 (Article 23-2, paragraph (1)), art-23-2/par-1 — https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-1 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-1
- art-23-2/par-3: 前条第三項 → 確定拠出年金法 第二十三条第三項 (Article 23, paragraph (3)), art-23/par-3 — https://japanlaw.org/en/defined-contribution-pension-act/art-23/par-3 · https://japanlaw.org/l/413AC0000000088/art-23/par-3
- art-23-2/par-3: 第一項 → 確定拠出年金法 第二十三条の二第一項 (Article 23-2, paragraph (1)), art-23-2/par-1 — https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-1 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-1

## Cited by

9 provisions cite this one. No official source publishes this direction.

- 確定拠出年金法 第三条第三項第八号の二（規約の承認） — https://japanlaw.org/en/defined-contribution-pension-act/art-3/par-3/item-8-2 · https://japanlaw.org/l/413AC0000000088/art-3/par-3/item-8-2
- 確定拠出年金法 第二十三条第一項（運用の方法の選定及び提示） — https://japanlaw.org/en/defined-contribution-pension-act/art-23/par-1 · https://japanlaw.org/l/413AC0000000088/art-23/par-1
- 確定拠出年金法 第二十三条の二第二項（指定運用方法の選定） — https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-2 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-2
- 確定拠出年金法 第二十三条の二第三項（指定運用方法の選定） — https://japanlaw.org/en/defined-contribution-pension-act/art-23-2/par-3 · https://japanlaw.org/l/413AC0000000088/art-23-2/par-3
- 確定拠出年金法 第二十四条の二第一項（指定運用方法に係る情報の提供） — https://japanlaw.org/en/defined-contribution-pension-act/art-24-2/par-1 · https://japanlaw.org/l/413AC0000000088/art-24-2/par-1
- 確定拠出年金法 第二十五条第二項（運用の指図） — https://japanlaw.org/en/defined-contribution-pension-act/art-25/par-2 · https://japanlaw.org/l/413AC0000000088/art-25/par-2
- 確定拠出年金法 第二十五条の二第一項第一号（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） — https://japanlaw.org/en/defined-contribution-pension-act/art-25-2/par-1/item-1 · https://japanlaw.org/l/413AC0000000088/art-25-2/par-1/item-1
- 確定拠出年金法 第二十五条の二第一項第二号（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） — https://japanlaw.org/en/defined-contribution-pension-act/art-25-2/par-1/item-2 · https://japanlaw.org/l/413AC0000000088/art-25-2/par-1/item-2
- 確定拠出年金法 第五十五条第二項第五号の二（規約の承認） — https://japanlaw.org/en/defined-contribution-pension-act/art-55/par-2/item-5-2 · https://japanlaw.org/l/413AC0000000088/art-55/par-2/item-5-2

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 確定拠出年金法 — the text in force from 2026-04-01 (https://laws.e-gov.go.jp/law/413AC0000000088/20260401_507AC0000000074), retrieved 2026-10-19
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Defined Contribution Pension Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4371/tb), retrieved 2026-10-19
- This site's parser, version 203 — 確定拠出年金法 — structure, counts, cross-references and defined terms, computed 2026-10-19
