# 厚生年金保険法 / Employees' Pension Insurance Act — 第七十九条の三 (Article 79-3)

- Law: 厚生年金保険法 (Employees' Pension Insurance Act), 昭和二十九年法律第百十五号
- English title "Employees' Pension Insurance 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: 第七十九条の三 (Article 79-3)（積立金の運用） — address `art-79-3`
- Text in force since: 2026-10-01
- URL (the page that opens at this provision): https://japanlaw.org/en/employees-pension-insurance-act/art-79-3
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/329AC0000000115/art-79-3
- 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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### 第七十九条の三（積立金の運用） — (Investment of Reserves)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-79-3 · https://japanlaw.org/en/employees-pension-insurance-act/art-79-3 · https://japanlaw.org/l/329AC0000000115/art-79-3</sup>

**第一項**  特別会計積立金の運用は、厚生労働大臣が、前条の目的に沿つた運用に基づく納付金の納付を目的として、年金積立金管理運用独立行政法人に対し、特別会計積立金を寄託することにより行うものとする。
<sup>art-79-3/par-1 · https://japanlaw.org/en/employees-pension-insurance-act/art-79-3/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-1</sup>
Any investment of special account reserves is to be carried out by the Minister of Health, Labour and Welfare by making a bailment of special account reserves to the Government Pension Investment Fund, IAA, with the objective of making payments based on investment that is in line with the purpose of the preceding Article.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  厚生労働大臣は、前項の規定にかかわらず、同項の規定に基づく寄託をするまでの間、財政融資資金に特別会計積立金を預託することができる。
<sup>art-79-3/par-2 · https://japanlaw.org/en/employees-pension-insurance-act/art-79-3/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-2</sup>
Notwithstanding of the preceding paragraph, the Minister of Health, Labour and Welfare may deposit the special account reserves with the fiscal loan fund until making a bailment of the special account reserves under the provisions of that paragraph.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  実施機関積立金の運用は、前条の目的に沿つて、実施機関が行うものとする。ただし、実施機関積立金の一部については、政令で定めるところにより、国家公務員共済組合法（昭和三十三年法律第百二十八号）、地方公務員等共済組合法（昭和三十七年法律第百五十二号）又は私立学校教職員共済法（以下「共済各法」という。）の目的に沿つて運用することができるものとし、この場合における同条の規定の適用については、同条中「専ら厚生年金保険」とあるのは、「厚生年金保険」とする。
<sup>art-79-3/par-3 · https://japanlaw.org/en/employees-pension-insurance-act/art-79-3/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-3</sup>
Any investment of implementing organization reserves is carried out by the implementing organization in line with the purposes referred to in the preceding Article; provided, however, that the investment of a part of the implementing organization reserves may be, as specified by Cabinet Order, carried out in line with the purposes of the National Public Officers Mutual Aid Association Act (Act No.128 of 1958), the Local Public Officers, etc. Mutual Aid Association Act (Act No. 152 of 1962), or the Private School Personnel Mutual Aid Association Act (hereinafter referred to as the "Acts on mutual aid"), and to apply the provisions of that Article, the phrase "for the sole benefit of insureds covered under employees' pension insurance" in that Article is deemed to be the phrase "for the benefit of insureds covered under employees' pension insurance".
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-79-3/par-1: 前条 → 厚生年金保険法 第七十九条の二 (Article 79-2), art-79-2 — https://japanlaw.org/en/employees-pension-insurance-act/art-79-2 · https://japanlaw.org/l/329AC0000000115/art-79-2
- art-79-3/par-2: 前項 → 厚生年金保険法 第七十九条の三第一項 (Article 79-3, paragraph (1)), art-79-3/par-1 — https://japanlaw.org/en/employees-pension-insurance-act/art-79-3/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-1
- art-79-3/par-3: 前条 → 厚生年金保険法 第七十九条の二 (Article 79-2), art-79-2 — https://japanlaw.org/en/employees-pension-insurance-act/art-79-2 · https://japanlaw.org/l/329AC0000000115/art-79-2

## Cited by

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

- 厚生年金保険法 第七十九条の二第一項（運用の目的） — https://japanlaw.org/en/employees-pension-insurance-act/art-79-2/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-2/par-1
- 厚生年金保険法 第七十九条の三第二項（積立金の運用） — https://japanlaw.org/en/employees-pension-insurance-act/art-79-3/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-2
- 厚生年金保険法 第七十九条の八第二項（管理積立金の管理及び運用の状況に関する公表及び評価） — https://japanlaw.org/en/employees-pension-insurance-act/art-79-8/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-2

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 厚生年金保険法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/329AC0000000115/20261001_507AC0000000074), retrieved 2026-10-13
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Employees' Pension Insurance Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3554/tb), retrieved 2026-10-13
- This site's parser, version 190 — 厚生年金保険法 — structure, counts, cross-references and defined terms, computed 2026-10-13
