Nenkin (public pension scheme)


3: Which Nenkin program should we in? - Kinds of Nenkin

This time, we would like to talk about the national pension scheme.
Type
Summary
Qualified people
National pension Run by the country. All nation over 20 years old need to enroll. self-employed individuals, free-lance professionals, students, company employees and civil service workers
Employees' pension Run by applicable industries.
Company covers the premium partly.
Company employees
Mutual aid pension Run by mutual aid society. Civil service workers and organization employees
Annual pension type insurance Run by insurance companies
It varies

Whether you enroll in employees' pension or mutual aid pension depends on the company you are employed. To enroll in either of the two scheme means to enroll in national pension scheme automatically. Because it means that you pay the premium via your company.
The amount of pension you will receive is decided by the amount of premium you paid for the certain period of time. You have choices when you enroll in a personal Nenkin or Nenkin insurance.
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