What is a lump-sum withdrawal payment?
What is a lump-sum withdrawal payment?
This procedure will, after the person leaves Japan, refund a portion of the payments into the Employees’ Pension Insurance during the period when a foreign national worked in Japan.
The following two types of lump-sum withdrawal payments exist.
| Pension type | Applicable persons | Examples |
|---|---|---|
| 1.National Pension Insurance | Persons who paid the insurance premiums themselves | 1.Overseas students (visa status: Student)
2.Freelance workers (visa status: Engineer, Specialist in Humanities/International Services) ...etc. |
| 2.Employees’ Pension Insurance | Persons who had the insurance premiums withheld from their paychecks | 1.Company employees (visa status: Engineer, Specialist in Humanities/International Services)
2.Technical intern (visa status: Technical Intern Training 3.Skilled worker (visa status: Specified Skilled Worker) ...etc. |
※The amount of the Employees’ Pension Insurance lump-sum withdrawal payment is generally larger.
※ACROSEED handles lump-sum withdrawal payment requests for (2) Employees’ Pension Insurance only. It does not handle requests for (1) National Pension Insurance.
Basic information about lump-sum withdrawal payments
1.What is a lump-sum withdrawal payment?
2.What payments are refunded?
3.How much is refunded?
4.How is the amount calculated?
5.What are the conditions for receiving the lump-sum withdrawal payment?
6.Is the lump-sum withdrawal payment subject to taxation?
7.How does the process work?
8.Are there any precautions concerning the lump-sum withdrawal payment?
2.What payments are refunded?
3.How much is refunded?
4.How is the amount calculated?
5.What are the conditions for receiving the lump-sum withdrawal payment?
6.Is the lump-sum withdrawal payment subject to taxation?
7.How does the process work?
8.Are there any precautions concerning the lump-sum withdrawal payment?
Free consultation about the Lump-sum Withdrawal Payment
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