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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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 Posted: Sat Jan 26, 2008 3:55 am Post subject: Japan's National PENSION Program |
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How does it work LONG-TERM.
Meaning, how many years paying into it in Japan before you'd be able to recieve a pension?
How much Yen does a pension receiver usually receive per month?
How old do they need to be to start receiving it? |
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Glenski
Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN
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| Posted: Sat Jan 26, 2008 12:50 pm Post subject: |
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Are you still lurking here, Tiger?
Google the simple answer if you are really curious. The answer is that easy to find. |
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Sour Grape
Joined: 10 May 2005
Posts: 241
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| Posted: Sat Jan 26, 2008 12:56 pm Post subject: |
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| Glenski wrote: |
Are you still lurking here, Tiger?
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Are you confusing him with troll tigerwood? |
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Glenski
Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN
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| Posted: Sat Jan 26, 2008 10:56 pm Post subject: |
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| Ah, maybe so. In any case, the answers are in the FAQ sticky #4, question 36. |
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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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| Posted: Sun Jan 27, 2008 2:44 am Post subject: |
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| Glenski wrote: |
| Ah, maybe so. In any case, the answers are in the FAQ sticky #4, question 36. |
Thanks. Found it, Sticky #2, Q#36. They give a website for it:
http://www.najapan.com/TAX_Irish-Net%20Nippon-Japanese-Pension-Refund.htm
25 years of working in Japan will make you eligible to withdraw a monthly pension after the age of 65. Somewhere else mentioned the average Japanese male makes a pension of 210,000 Yen a month. So if ESL teachers are making what the average Japanese male does in his life, it looks like a decent pension program. |
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Glenski
Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN
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| Posted: Sun Jan 27, 2008 11:19 am Post subject: |
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Many/Most Japanese find that amount hard to live on. Why should it be any easier for foreigners?
Oh, and you can collect earlier depending on circumstances. You may not collect 100% at age 60, for example. And, PR holders can backdate their pension clocks to age 20, but they will only get pension payments for the actual years worked. |
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cangel
Joined: 12 May 2003
Posts: 74
Location: Jeonju, South Korea
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| Posted: Wed Feb 06, 2008 11:25 am Post subject: |
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| Basically for foreigners we can get a one time lump sum withdrawl upon our departure. You have to apply for this from outside the country. The total amounts to about 1 months salary for each year worked in Japan (full time). They do withhold a partial sum, but you can apply to get it as soon as you receive your initial amount of like 90%. |
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Glenski
Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN
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| Posted: Wed Feb 06, 2008 11:40 am Post subject: |
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| cangel wrote: |
| Basically for foreigners we can get a one time lump sum withdrawl upon our departure. You have to apply for this from outside the country. The total amounts to about 1 months salary for each year worked in Japan (full time). |
only up to 3 years of payments, though. |
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