Can I withdraw from a corporate-type DC?
In principle, it is not possible to withdraw from a corporate-type DC. You will receive retirement benefits usually from the age of 60. However, only if you resign before age 60 and satisfy certa... Show Detail
Procedures vary depending on the age at the time of resignation. Show Detail
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by law for the purpose of stabilizing your life in retirement, therefore, in principle, pension assets cannot be withdrawn until...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
Is there a brief document that describes the procedures required when retiring before age 60?
You can see it on the AnswerNet. <How to find "Procedures upon Loss of Participant Eligibility due to Resignation or Related Reasons"> Log in to the AnswerNet > Click on "Request Forms" i... Show Detail
You can see it on the AnswerNet. <How to find information on conversion assets and rollover assets that have been transferred> Log in to the AnswerNet > Click on the "Account Information"... Show Detail
The "Request to Rollover DC Asset Balance to New Individual-type DC Plan" is the document to be submitted when transferring assets from a defined contribution pension plan to another defined contri... Show Detail
No, you are not allowed to transfer products. In order to transfer assets, pension assets (investment products held) are converted into cash. Therefore, even if the products with the same name ar... Show Detail
All products you hold in the corporate-type DC are converted to cash, and then the products specified in the rollover procedures to the individual-type DC (iDeCo) will be purchased. Show Detail
What is automatic rollover and what happens if it happens?
If you were enrolled in a corporate-type DC and fail to complete the necessary rollover procedures within six months following the month which the loss of participant eligibility date (the date fol... Show Detail
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