What is a defined contribution pension (DC) plan?

A defined contribution pension (DC) plan is a pension scheme in which participants themselves invest contributions paid for them based on their own judgement. Future benefits are dependent on the t... Show Detail

What is the difference between a corporate-type DC and an individual-type DC (iDeCo)?

A corporate-type DC is a corporate pension plan introduced by a company as a part of its benefit programs while an individual-type DC (iDeCo) is a self-help scheme for building assets for post-work... Show Detail

When I change jobs and transfer my assets to a new defined contribution pension plan, can I keep investing in the same investment products without them being...

When you take rollover procedures, the investment products you hold will be sold and converted to cash, and the investment products of the new plan will be purchased. It is not possible to transfer... Show Detail

Can I withdraw my pension assets when I leave my company?

The defined contribution pension plan is a pension scheme stipulated by law for the purpose of stabilizing your life in retirement, therefore, in principle, pension assets cannot be withdrawn until... Show Detail

If an investment product provider goes bankrupt, what happens to the pension assets I have accumulated?

Asset protection varies depending on the investment product. (1) Bank deposits　　　 The deposit insurance system protects the principal up to 10 million yen including ordinary deposits plus its... Show Detail

What procedures are required when a participant dies?

The bereaved family needs to file a claim for a lump-sum death benefit in writing. The bereaved family is requested to contact the AnswerCenter. (Link) (Please have the deceased's basic pension n... Show Detail

What is portability?

In a defined contribution pension plan, portability refers to transferring assets. When you lose participant eligibility in a corporate-type defined contribution pension plan, you can transfer y... Show Detail

Can I check on the AnswerNet whether I am enrolled in an individual-type DC (iDeCo) or a corporate-type DC?

You can see it on the AnswerNet. ● AnswerNet Login (Link) ＜How to find "DC Plan Informatuin"＞ Log in to the AnswerNet ＞ Click on the “Participant Main Page" tab ＞ Click on "Confirm/Change Pa... Show Detail

What is the voluntary participation system of the National Pension?

If you do not meet the eligibility requirements to receive the Old-age Basic Pension by the age of 60, or if you cannot receive the full amount of Old-age Basic Pension due to less than 40 years of... Show Detail

Are there any fees for an individual-type DC (iDeCo) account?

Fees are charged. The main fees are as follows (1) Account opening fee (first time only): deducted from initial contribution or rollover assets from other pension plans (2) Account management f... Show Detail