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 will be automatically sold and transferred to the National Pension Fund Association"国民年金基金連合会"(*).

After automatic rollover, you are not allowed to make new contributions or invest your assets, and the fees for subsequent asset transfers will be relatively high, so please take the necessary procedures as soon as possible.

 

(*) In accordance with the Defined Contribution Pension Act, a plan administrator will check with other plan administrators if there is another account available for your assets. If there is an account, your assets may be transferred to that account without your request. However, your assets can not be transferred if personal identifying information differs between accounts.