# 厚生年金保険法 / Employees' Pension Insurance Act — 第四章の二 (Chapter 4-2) - 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: 第四章の二 (Chapter 4-2) — address `ch-4-2` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/ja/employees-pension-insurance-act/ch-4-2 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/329AC0000000115/ch-4-2 - 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. --- ## 第四章の二　積立金の運用 — Chapter IV-2 Investment of Reserves heading: Ministry of Justice translation — Japanese Law Translation Database System ch-4-2 · https://japanlaw.org/ja/employees-pension-insurance-act/ch-4-2 · https://japanlaw.org/l/329AC0000000115/ch-4-2 ### 第七十九条の二（運用の目的） — (Purpose of Investment) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-2 · https://japanlaw.org/l/329AC0000000115/art-79-2 **第一項** 積立金（年金特別会計の厚生年金勘定の積立金（以下この章において「特別会計積立金」という。）及び実施機関（厚生労働大臣を除く。次条第三項において同じ。）の積立金のうち厚生年金保険事業（基礎年金拠出金の納付を含む。）に係る部分に相当する部分として政令で定める部分（以下「実施機関積立金」という。）をいう。以下この章において同じ。）の運用は、積立金が厚生年金保険の被保険者から徴収された保険料の一部であり、かつ、将来の保険給付の貴重な財源となるものであることに特に留意し、専ら厚生年金保険の被保険者の利益のために、長期的な観点から、安全かつ効率的に行うことにより、将来にわたつて、厚生年金保険事業の運営の安定に資することを目的として行うものとする。 art-79-2/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-2/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-2/par-1 Any investment of the reserves (meaning the reserves of the employees' pension account under the pension special account (hereinafter referred to as "special account reserves" in this Chapter) and the part of the reserves of an implementing organization (excluding the Minister of Health, Labour and Welfare: the same applies in paragraph (3) of the following Article) that is specified by Cabinet Order as the part that is equivalent to the part with the employees' pension insurance services (including the payment of the basic pension contributions) (hereinafter referred to as "implementing organization reserves"); the same applies hereinafter in this Chapter), is to be undertaken with particular mindfulness of the fact that the reserves are a part of the insurance premiums collected from insureds covered under employees' pension insurance and that they are a valuable source of future pension benefits payments; all investment of those reserves is to be undertaken with the purpose of contributing to the sound management of employees' pension insurance services for years to come, and is to be undertaken safely, efficiently, from a long term perspective, and for the sole benefit of insureds covered under employees' pension insurance. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の三（積立金の運用） — (Investment of Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3 · https://japanlaw.org/l/329AC0000000115/art-79-3 **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。 art-79-3/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-1 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. Ministry of Justice translation — Japanese Law Translation Database System **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。 art-79-3/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-2 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. Ministry of Justice translation — Japanese Law Translation Database System **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。 art-79-3/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-3 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". Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の四（積立金基本指針） — (Basic Policy of Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4 · https://japanlaw.org/l/329AC0000000115/art-79-4 **第一項** 主務大臣は、積立金の管理及び運用が長期的な観点から安全かつ効率的に行われるようにするための基本的な指針（以下「積立金基本指針」という。）を定めるものとする。 art-79-4/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-1 The competent ministers are to establish the basic policy that is meant to ensure that the reserves are managed and invested safely and efficiently from a long-term perspective (hereinafter referred to as the "basic policy for reserves"). Ministry of Justice translation — Japanese Law Translation Database System **第二項** 積立金基本指針においては、次に掲げる事項を定めるものとする。 art-79-4/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-2 The competent ministers are to prescribe the following particulars in the basic policy for reserves: Ministry of Justice translation — Japanese Law Translation Database System **一** 積立金の管理及び運用に関する基本的な方針 art-79-4/par-2/item-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-2/item-1 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-2/item-1 basic policy concerning management and investment of reserves; Ministry of Justice translation — Japanese Law Translation Database System **二** 積立金の資産の構成の目標に関する基本的な事項 art-79-4/par-2/item-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-2/item-2 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-2/item-2 basic particulars of the target of the asset structure of reserves; Ministry of Justice translation — Japanese Law Translation Database System **三** 積立金の管理及び運用に関し管理運用主体（年金積立金管理運用独立行政法人、国家公務員共済組合連合会、地方公務員共済組合連合会及び日本私立学校振興・共済事業団をいう。以下同じ。）が遵守すべき基本的な事項 art-79-4/par-2/item-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-2/item-3 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-2/item-3 basic rules to be observed by the management and investment entities (meaning the Government Pension Investment Fund, IAA; the Federation of National Public Service Personnel Mutual Aid Associations; the Pension Fund Association for Local Government Officials; and the Promotion and Mutual Aid Corporation for Private Schools of Japan; the same applies hereinafter) concerning management and investment of reserves; and Ministry of Justice translation — Japanese Law Translation Database System **四** その他積立金の管理及び運用に関する重要事項 art-79-4/par-2/item-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-2/item-4 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-2/item-4 other important particulars concerning the management and investment of reserves. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 主務大臣は、財政の現況及び見通しが作成されたときその他必要があると認めるときは、積立金基本指針に検討を加え、必要に応じ、これを変更するものとする。 art-79-4/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-3 When the current budget status and projections report has been prepared or upon otherwise finding that it is necessary to do so, the competent ministers are to review the basic policy for reserves and revise it as needed. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 積立金基本指針を定め、又は変更しようとするときは、厚生労働大臣は、あらかじめ、積立金基本指針の案又はその変更の案を作成し、財務大臣、総務大臣及び文部科学大臣に協議するものとする。 art-79-4/par-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-4 Before seeking to establish or revise the basic policy for reserves, the Minister of Health, Labour and Welfare is to first prepare a draft of the basic policy for reserves or a draft of its revision and consult with the Minister of Finance, the Minister of Internal Affairs and Communications, and the Minister of Education, Culture, Sports, Science and Technology. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 財務大臣、総務大臣及び文部科学大臣は、必要があると認めるときは、厚生労働大臣に対し、積立金基本指針の変更の案の作成を求めることができる。 art-79-4/par-5 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-5 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-5 The Minister of Finance, the Minister of Internal Affairs and Communications, and the Minister of Education, Culture, Sports, Science and Technology, on finding it to be necessary to do so, may request the Minister of Health, Labour and Welfare to prepare a draft of a revision to the basic policy for reserves. Ministry of Justice translation — Japanese Law Translation Database System **第六項** 主務大臣は、積立金基本指針を定め、又は変更したときは、速やかに、これを公表するものとする。 art-79-4/par-6 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-4/par-6 · https://japanlaw.org/l/329AC0000000115/art-79-4/par-6 Having established or revised the basic policy for reserves, the competent ministers are to promptly make this public. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の五（積立金の資産の構成の目標） — (Target of the Asset Structure of Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-5 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5 · https://japanlaw.org/l/329AC0000000115/art-79-5 **第一項** 管理運用主体は、積立金基本指針に適合するよう、共同して、次条第一項に規定する管理運用の方針において同条第二項第三号の資産の構成を定めるに当たつて参酌すべき積立金の資産の構成の目標を定めなければならない。 art-79-5/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-1 The management and investment entities must jointly establish the target asset structure for reserves to be considered when they prescribe the asset structure referred to in paragraph (2), item (iii) of that Article in the management/investment guidelines provided for in the provisions of paragraph (1) of the following Article, so that the target asset structure conforms to the basic policy for reserves. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 管理運用主体は、財政の現況及び見通しが作成されたときその他必要があると認めるときは、共同して、前項に規定する積立金の資産の構成の目標に検討を加え、必要に応じ、これを変更しなければならない。 art-79-5/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-2 When a current budget status and projections report has been prepared or if the management and investment entities find it to be necessary to do so, they must jointly review the target asset structure for the reserves provided for in the preceding paragraph and revise this as needed. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 管理運用主体は、第一項に規定する積立金の資産の構成の目標を定め、又は変更したときは、遅滞なく、共同して、これを公表するとともに、主務大臣に送付しなければならない。 art-79-5/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-3 The management and investment entities, having prescribed or revised the target asset structure for reserves provided for in paragraph (1), must jointly make this public without delay and send this to the competent ministers. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 主務大臣は、第一項に規定する積立金の資産の構成の目標が積立金基本指針に適合しないと認めるときは、管理運用主体に対し、当該目標の変更を命ずることができる。 art-79-5/par-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-4 If a competent minister finds that the target asset structure for reserves provided for in paragraph (1) does not conform to the basic policy for reserves, the minister may order the management and investment entities to revise the target. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 前項の規定による命令をしようとするときは、厚生労働大臣は、あらかじめ、積立金基本指針に適合するよう変更させるべき内容の案を作成し、財務大臣、総務大臣及び文部科学大臣に協議するものとする。 art-79-5/par-5 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-5 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-5 Before seeking to issue an order under the provisions of the preceding paragraph, the Minister of Health, Labour and Welfare must first prepare a draft of the content to be revised to conform to the basic policy for reserves, and consult with the Minister of Finance, the Minister of Internal Affairs and Communications, and the Minister of Education, Culture, Sports, Science and Technology. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の六（管理運用の方針） — (Management/Investment Guidelines) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-6 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6 · https://japanlaw.org/l/329AC0000000115/art-79-6 **第一項** 管理運用主体は、その管理する積立金（地方公務員共済組合連合会にあつては、地方公務員共済組合連合会が運用状況を管理する実施機関の実施機関積立金を含む。以下この章において「管理積立金」という。）の管理及び運用（地方公務員共済組合連合会にあつては、管理積立金の運用状況の管理を含む。以下この章において同じ。）を適切に行うため、積立金基本指針に適合するように、かつ、前条第一項に規定する積立金の資産の構成の目標に即して、管理及び運用の方針（以下この章において「管理運用の方針」という。）を定めなければならない。 art-79-6/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-1 A management and investment entity must establish guidelines on management and investment (hereinafter referred to in this Chapter as "management/investment guidelines") for the purpose of carrying out appropriate management and investment (for the Pension Fund Association for Local Government Officials, this includes managing the circumstances of investment of the reserves under its management; the same applies hereinafter in this Chapter) of the reserves under its management (for the Pension Fund Association for Local Government Officials, this includes the implementing organization reserves of the implementing organization whose investment circumstances the Pension Fund Association for Local Government Officials manages; hereinafter in this Chapter referred to as "managed reserves") so as to conform to the basic policy for reserves and in line with the target asset structure for reserves provided for in the provisions of paragraph (1) of the preceding Article. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 管理運用の方針においては、次に掲げる事項を定めるものとする。 art-79-6/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2 The following particulars are to be prescribed in the management/investment guidelines: Ministry of Justice translation — Japanese Law Translation Database System **一** 管理積立金の管理及び運用の基本的な方針 art-79-6/par-2/item-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2/item-1 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2/item-1 the basic guidelines for the management and investment of managed reserves; Ministry of Justice translation — Japanese Law Translation Database System **二** 管理積立金の管理及び運用に関し遵守すべき事項 art-79-6/par-2/item-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2/item-2 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2/item-2 rules to be observed concerning the management and investment of managed reserves; Ministry of Justice translation — Japanese Law Translation Database System **三** 管理積立金の管理及び運用における長期的な観点からの資産の構成に関する事項 art-79-6/par-2/item-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2/item-3 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2/item-3 the particulars of the asset structure from a long-term perspective in the management and investment of managed reserves; and Ministry of Justice translation — Japanese Law Translation Database System **四** その他管理積立金の適切な管理及び運用に関し必要な事項 art-79-6/par-2/item-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2/item-4 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2/item-4 other necessary particulars related to the appropriate management and investment of the managed reserves. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 管理運用主体は、積立金基本指針が変更されたときその他必要があると認めるときは、管理運用の方針に検討を加え、必要に応じ、これを変更しなければならない。 art-79-6/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-3 If the basic policy for reserves has been revised or on otherwise finding that it is necessary to do so, a management and investment entity must review the management/investment guidelines and revise these as needed. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 管理運用主体は、管理運用の方針を定め、又は変更しようとするときは、あらかじめ、当該管理運用主体を所管する大臣（以下この章並びに第百条の三の三第二項第一号及び第三項において「所管大臣」という。）の承認を得なければならない。 art-79-6/par-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-4 Before seeking to establish or revise management/investment guidelines, a management and investment entity must first obtain approval of the minister with administrative jurisdiction over it (hereinafter referred to in this Chapter and Article 100-3-3, paragraph (2), item (i) and paragraph (3) as "the minister with jurisdiction"). Ministry of Justice translation — Japanese Law Translation Database System **第五項** 管理運用主体は、管理運用の方針を定め、又は変更したときは、遅滞なく、これを公表しなければならない。 art-79-6/par-5 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-5 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-5 Having established or revised management/investment guidelines, a management and investment entity must make this public without delay. Ministry of Justice translation — Japanese Law Translation Database System **第六項** 管理運用主体は、積立金基本指針及び管理運用の方針に従つて管理積立金の管理及び運用を行わなければならない。 art-79-6/par-6 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-6 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-6 A management and investment entity must manage and invest managed reserves in accordance with the basic policy for reserves and management/investment guidelines. Ministry of Justice translation — Japanese Law Translation Database System **第七項** 所管大臣は、その所管する管理運用主体の管理運用の方針が積立金基本指針に適合しなくなつたと認めるときは、当該管理運用主体に対し、その管理運用の方針の変更を命ずることができる。 art-79-6/par-7 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-7 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-7 The minister with jurisdiction, on finding that the management/investment guidelines of a management and investment entity under the jurisdiction thereof no longer conform to the basic policy for reserves, may order the management and investment entity to revise its management/investment guidelines. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の七（管理運用主体に対する措置命令） — (Ordering Management and Investment Entities to Take Measures) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-7 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-7 · https://japanlaw.org/l/329AC0000000115/art-79-7 **第一項** 所管大臣は、その所管する管理運用主体が、管理積立金の管理及び運用に係る業務に関しこの法律の規定若しくはこれに基づく命令の規定に違反し、又は当該管理運用主体の管理積立金の管理及び運用の状況が、積立金基本指針若しくは当該管理運用主体の管理運用の方針に適合しないと認めるときは、当該管理運用主体に対し、当該業務の運営を改善するために必要な措置又は当該管理積立金の管理及び運用の状況を積立金基本指針若しくは当該管理運用の方針に適合させるために必要な措置をとることを命ずることができる。 art-79-7/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-7/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-7/par-1 If the minister with jurisdiction finds a management and investment entity under the jurisdiction thereof to be in violation of the provisions of this Act or the provisions of any order based on this Act, or finds that the circumstances of the management or investment of managed reserves by such a management and investment entity do not conform to the basic policy for reserves or to the management and investment entity's management/investment guidelines, the minister may order the management and investment entity to take the necessary measures for improving its business operations or the necessary measures to cause the circumstances of the management and investment of managed reserves to conform to the basic policy for reserves or the management/investment guidelines. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の八（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） — (Disclosure and Evaluation of the Circumstances of the Management and Investment of Managed Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-8 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8 · https://japanlaw.org/l/329AC0000000115/art-79-8 **第一項** 管理運用主体は、各事業年度の決算完結後、遅滞なく、当該事業年度における管理積立金の資産の額、その構成割合、運用収入の額その他の主務省令で定める事項を記載した業務概況書を作成し、これを公表するとともに、所管大臣に送付しなければならない。 art-79-8/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-1 After completion of the settlement of accounts for each business year, a management and investment entity must prepare, without delay, an outline of its business operations stating the asset amount, asset structure proportion, amount of investment income from managed reserves in the relevant business year, and any other particulars specified by order of the competent ministry, and must disclose this to the public and send it to the minister with jurisdiction. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 所管大臣は、その所管する管理運用主体の業務概況書の送付を受けたときは、速やかに、当該管理運用主体について、管理積立金の管理及び運用の状況（第七十九条の三第三項ただし書の規定による運用の状況を含む。）その他の管理積立金の管理及び運用に関する主務省令で定める事項について評価を行い、その結果を公表するものとする。 art-79-8/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-2 Having received the outline of the business operations of a management and investment entity under the jurisdiction thereof, the minister with jurisdiction is to evaluate the circumstances of management and investment (including the conditions of investment under the provisions referred to in the proviso of Article 79-3, paragraph (3)) of managed reserves and other particulars of management and investment of managed reserves specified by order of the competent ministry with regard to that management and investment entity, and is to disclose the results of this to the public, promptly. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 所管大臣は、第一項の規定による業務概況書の送付を受けたときは、前項の規定による評価の結果を添えて、当該業務概況書を主務大臣に送付するものとする。 art-79-8/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-3 Having received an outline of business operations under the provisions of paragraph (1), the minister with jurisdiction is to send that outline of business operations to the competent ministers accompanied by the result of the evaluation under the provisions of the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 年金積立金管理運用独立行政法人について第一項の規定を適用する場合においては、同項中「決算完結後」とあるのは、「独立行政法人通則法（平成十一年法律第百三号）第三十八条第一項の規定による同項に規定する財務諸表の提出後」とする。 art-79-8/par-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-4 When the provisions of paragraph (1) are applied to the Government Pension Investment Fund, IAA, the phrase "After completion of the settlement of accounts" in that paragraph is deemed to be the phrase "After the submission of the Financial Statements prescribed in Article 38, paragraph (1) of the Act on General Rules for Incorporated Administrative Agencies (Act No. 103 of 1999) under the provisions of that paragraph". Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の九（積立金の管理及び運用の状況に関する公表及び評価） — (Disclosure and Evaluation of the Circumstances of Management and Investment of Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-9 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9 · https://japanlaw.org/l/329AC0000000115/art-79-9 **第一項** 主務大臣は、毎年度、主務省令で定めるところにより、積立金の資産の額、その構成割合、運用収入の額、積立金の運用の状況の評価その他の積立金の管理及び運用に関する事項を記載した報告書を作成し、これを公表するものとする。 art-79-9/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-1 The competent ministers are to prepare and disclose to the public, each fiscal year, a written report stating the asset amount, asset structure proportion, amount of investment income of the reserves, evaluation of the circumstances of the investment of reserves, and other particulars of the management and investment of reserves. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の報告書を作成しようとするときは、厚生労働大臣は、あらかじめ、その案を作成し、財務大臣、総務大臣及び文部科学大臣に協議するものとする。 art-79-9/par-2 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-2 Before seeking to prepare the written report referred to in the preceding paragraph, the Minister of Health, Labour and Welfare is to first prepare a draft of this and consult with the Minister of Finance, the Minister of Internal Affairs and Communications and the Minister of Education, Culture, Sports, Science and Technology. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 主務大臣は、第一項の報告書における評価の結果に基づき、管理運用主体の管理積立金の管理及び運用の状況が積立金基本指針に適合しないと認めるときは、当該管理運用主体の所管大臣に対し、当該管理運用主体の管理積立金の管理及び運用の状況を積立金基本指針に適合させるために必要な措置をとるよう求めることができる。 art-79-9/par-3 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-3 A competent minister, on finding based on the results of the evaluation concerning the written report referred to in paragraph (1) that the circumstances of a management and investment entity's management and investment of managed reserves do not conform to the basic policy for reserves, may request the minister with jurisdiction over that management and investment entity to take the necessary measures to cause the circumstances of the management and investment entity's management and investment of managed reserves to conform to the basic policy for reserves. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 前項の規定による措置を求めようとするときは、厚生労働大臣は、あらかじめ、積立金基本指針に適合させるために必要な措置の案を作成し、財務大臣、総務大臣及び文部科学大臣に協議するものとする。 art-79-9/par-4 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-4 Before seeking to make a request for measures under the provisions of the preceding paragraph, the Minister of Health, Labour and Welfare is to first prepare a draft of the necessary measures to cause the circumstances to conform to the basic policy for reserves, and is to consult with the Minister of Finance, the Minister of Internal Affairs and Communications, and the Minister of Education, Culture, Sports, Science and Technology. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の十（運用職員の責務） — (Responsibilities of investment officials) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-10 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-10 · https://japanlaw.org/l/329AC0000000115/art-79-10 **第一項** 積立金の運用に係る行政事務に従事する厚生労働省、財務省、総務省及び文部科学省の職員（政令で定める者に限る。以下「運用職員」という。）は、積立金の運用の目的に沿つて、慎重かつ細心の注意を払い、全力を挙げてその職務を遂行しなければならない。 art-79-10/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-10/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-10/par-1 Officials of the Ministry of Health, Labour and Welfare, the Ministry of Finance; the Ministry of Internal Affairs and Communications; and the Minister of Education, Culture, Sports, Science and Technology who are engaged in administrative functions associated with the investment of reserves (limited to those specified by Cabinet Order; hereinafter referred to as an "investment official") must pay the most prudent and meticulous attention and put forth their utmost efforts in the execution of their duties, in accordance with the purpose of the investment of the reserves. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の十一（秘密保持義務） — (Duty of Confidentiality) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-11 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-11 · https://japanlaw.org/l/329AC0000000115/art-79-11 **第一項** 運用職員は、その職務に関して知り得た秘密を漏らし、又は盗用してはならない。 art-79-11/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-11/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-11/par-1 It is prohibited for an investment official to divulge or misappropriate any secret learned in the course of duty. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の十二（懲戒処分） — (Disciplinary Action) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-12 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-12 · https://japanlaw.org/l/329AC0000000115/art-79-12 **第一項** 運用職員が前条の規定に違反したと認めるときは、その職員の任命権者は、その職員に対し国家公務員法（昭和二十二年法律第百二十号）に基づく懲戒処分をしなければならない。 art-79-12/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-12/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-12/par-1 Upon finding that an investment official has violated the provisions of the preceding Article, the person with the power to appoint that investment official must take disciplinary action against that official based on the provisions of the National Civil Service Act (Act No. 120 of 1947). Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の十三（年金積立金管理運用独立行政法人法等との関係） — (Relationship to the Act on the Government Pension Investment Fund, IAA and Other Acts) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-13 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-13 · https://japanlaw.org/l/329AC0000000115/art-79-13 **第一項** 積立金の運用については、この法律に定めるもののほか、年金積立金管理運用独立行政法人法（平成十六年法律第百五号）、国家公務員共済組合法、地方公務員等共済組合法又は日本私立学校振興・共済事業団法（平成九年法律第四十八号）の定めるところによる。 art-79-13/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-13/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-13/par-1 Beyond what is provided for in this Act, the Act on the Government Pension Investment Fund, Independent Administrative Agency (Act No. 105 of 2004), the National Public Officers Mutual Aid Association Act, the Pension Fund Association for Local Government Officials, and the Act on the Promotion and Mutual Aid Corporation for Private Schools of Japan (Act No. 48 of 1997) govern the investment of reserves. Ministry of Justice translation — Japanese Law Translation Database System ### 第七十九条の十四（政令への委任） — (Delegation to Cabinet Order) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-14 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-14 · https://japanlaw.org/l/329AC0000000115/art-79-14 **第一項** この章に定めるもののほか、積立金の運用に関し必要な事項は、政令で定める。 art-79-14/par-1 · https://japanlaw.org/ja/employees-pension-insurance-act/art-79-14/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-14/par-1 Beyond as provided in this Chapter, Cabinet Order provides for the necessary particulars in connection with the investment of reserves. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-79-2/par-1: 次条第三項 → 厚生年金保険法 第七十九条の三第三項 (Article 79-3, paragraph (3)), art-79-3/par-3 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-3 - 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/ja/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/ja/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/ja/employees-pension-insurance-act/art-79-2 · https://japanlaw.org/l/329AC0000000115/art-79-2 - art-79-5/par-1: 次条第一項 → 厚生年金保険法 第七十九条の六第一項 (Article 79-6, paragraph (1)), art-79-6/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-1 - art-79-5/par-1: 同条第二項第三号 → 厚生年金保険法 第七十九条の六第二項第三号 (Article 79-6, paragraph (2), item (iii)), art-79-6/par-2/item-3 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-6/par-2/item-3 · https://japanlaw.org/l/329AC0000000115/art-79-6/par-2/item-3 - art-79-5/par-2: 前項 → 厚生年金保険法 第七十九条の五第一項 (Article 79-5, paragraph (1)), art-79-5/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-1 - art-79-5/par-3: 第一項 → 厚生年金保険法 第七十九条の五第一項 (Article 79-5, paragraph (1)), art-79-5/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-1 - art-79-5/par-4: 第一項 → 厚生年金保険法 第七十九条の五第一項 (Article 79-5, paragraph (1)), art-79-5/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-1 - art-79-5/par-5: 前項 → 厚生年金保険法 第七十九条の五第四項 (Article 79-5, paragraph (4)), art-79-5/par-4 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-4 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-4 - art-79-6/par-1: 前条第一項 → 厚生年金保険法 第七十九条の五第一項 (Article 79-5, paragraph (1)), art-79-5/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-5/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-5/par-1 - art-79-6/par-4: 第百条の三の三第二項第一号 → 厚生年金保険法 第百条の三の三第二項第一号 (Article 100-3-3, paragraph (2), item (i)), art-100-3-3/par-2/item-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-100-3-3/par-2/item-1 · https://japanlaw.org/l/329AC0000000115/art-100-3-3/par-2/item-1 - art-79-6/par-4: 第三項 → 厚生年金保険法 第百条の三の三第三項 (Article 100-3-3, paragraph (3)), art-100-3-3/par-3 — https://japanlaw.org/ja/employees-pension-insurance-act/art-100-3-3/par-3 · https://japanlaw.org/l/329AC0000000115/art-100-3-3/par-3 - art-79-8/par-2: 第七十九条の三第三項 → 厚生年金保険法 第七十九条の三第三項 (Article 79-3, paragraph (3)), art-79-3/par-3 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-3/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-3/par-3 - art-79-8/par-3: 第一項 → 厚生年金保険法 第七十九条の八第一項 (Article 79-8, paragraph (1)), art-79-8/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-1 - art-79-8/par-3: 前項 → 厚生年金保険法 第七十九条の八第二項 (Article 79-8, paragraph (2)), art-79-8/par-2 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-2 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-2 - art-79-8/par-4: 第一項 → 厚生年金保険法 第七十九条の八第一項 (Article 79-8, paragraph (1)), art-79-8/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-8/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-8/par-1 - art-79-8/par-4: 独立行政法人通則法（平成十一年法律第百三号）第三十八条第一項 → e-Gov law 411AC0000000103, 第三十八条第一項 (Article 38, paragraph (1)), art-38/par-1 — not held in this collection - art-79-9/par-2: 前項 → 厚生年金保険法 第七十九条の九第一項 (Article 79-9, paragraph (1)), art-79-9/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-1 - art-79-9/par-3: 第一項 → 厚生年金保険法 第七十九条の九第一項 (Article 79-9, paragraph (1)), art-79-9/par-1 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-1 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-1 - art-79-9/par-4: 前項 → 厚生年金保険法 第七十九条の九第三項 (Article 79-9, paragraph (3)), art-79-9/par-3 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-9/par-3 · https://japanlaw.org/l/329AC0000000115/art-79-9/par-3 - art-79-12/par-1: 前条 → 厚生年金保険法 第七十九条の十一 (Article 79-11), art-79-11 — https://japanlaw.org/ja/employees-pension-insurance-act/art-79-11 · https://japanlaw.org/l/329AC0000000115/art-79-11 --- ## 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