What happens if I fail to complete the procedures to transfer my assets in a corporate-type DC after retirement?

If you fail to complete the necessary procedures to transfer your assets within six months following the month in which you lose your participant eligibility in a corporate-type DC, your assets wil... Show Detail

Can I apply for participant contributions (initial application, amount change, voluntary suspension and resumption) at any time? I am enrolled in a corporate...

The designated acceptance period varies depending on what participant contribution you are applying for. (1) An initial application can be made at any time. (*1) (2) An application for amount... Show Detail

If I retire with less than three years of service and return all of my pension assets to my employer, do I have to make up the investment losses and return t...

Even if pension assets fall below the accumulated amount of company contributions due to investment losses, you don’t need to make up the loss. If there are contributions other than company cont... Show Detail

I want to take rollover procedures for my pension assets in the corporate-type DC of my previous company. When do I need to complete the procedures to avoid ...

If a participant in a corporate-type DC loses his/her participant eligibility before age 60 and fails to complete the rollover procedures during the procedure period (*), the assets of the corporat... Show Detail

I don’t know the record keeper of the former pension plan for the "Request to Rollover DC Asset Balance to New Corporate-type DC Plan".

The "Request to Rollover DC Asset Balance to New Corporate-type DC Plan" is the document to be submitted when transferring assets from a defined contribution pension plan to another defined contrib... Show Detail

What is plan conversion?

Plan conversion refers to transferring all or part of the assets related to an existing retirement benefit plan to a corporate-type DC when a company implements a corporate-type DC. The reti... Show Detail

If the rollover procedures take two months, it is likely that the procedure deadline will be missed and assets will be automatically rolled over. What will h...

If the completed documents are received by the financial institution before the procedure deadline, the request is considered to have been made by the deadline and assets will not automatically rol... Show Detail

Can I apply for participant contributions on the AnswerNet? I am enrolled in a corporate-type DC with matching contributions.

The application procedure for participant contributions varies depending on the plan in which you are enrolled. (1) Plans which allow applications on the AnswerNet ＜Procedure for new appl... Show Detail

What is forfeiture of company contributions when I retire?

"Forfeiture of company contributions" refers to returning to the employer the amount equivalent to the contributions made by the employer out of the pension assets only in the case of voluntary res... Show Detail

I am planning to return to work after childcare leave. When can I apply to resume participant contributions? I am enrolled in a corporate-type DC with matchi...

While company contributions are suspended, you are not able to apply for participant contributions (employee matching contribution). After the childcare leave, resumption of "company contrib... Show Detail