Japan Pension Service

The Japan Pension Service (日本年金機構, Nihon nenkin kikō) is a government organization administered by the Ministry of Health, Labour and Welfare.

[1] Between the period April 1964 to December 1981, non-Japanese were not allowed to join the National Pension System.

[7] юНпя Under the new system when the JPS was launched in January 2010, the organization is allowed to delegate to the National Tax Agency authority to forcibly collect unpaid pension premiums, but this has not been occurring.

The ratio of people continuing to pay their national pension premiums has been dropping, falling to 56% as of October 2011.

It was announced in May 2012 that the Ministry of Health, Labor, and Welfare would file a complaint with police and publish the names of the offending companies.

[12] The amount of national pension people who are older than 65 (who did full contribution) can get is 779,300JPY/ year, which is not enough by normal living standards.

[15] In other words, as the working population is forecasted to shrink further, Japan’s pension system will rely on a smaller base of contributors.