Japan Lumpsum Pension Refund, Tax Return - YouAT LLC

[NOTE]
The following tables are only the rough estimation of Japanese pension refunds called “Pension’s Lump-sum Payments”.
We YouAT LLC can get a research of more precise estimated sum of your “Payments” in Japanese pension offices when you contact us, and show you it before you decide to let us carry out your pension refunds.

(NOTE!) It is possible that the following tables will change in 2020 or after, in a manner that more refund amounts are paid to persons who work over 3 years (up to 5 years).

1.Employees’ Pension Insurance

Employees’ Pension Insurance (厚生年金, こうせいねんきん) covers people who are employed by companies.

Foreign people employed by companies in Japan will contribute to this system.

Following tables show some calculated examples of estimated sum of pension refunds (Lump-sum Withdrawal Payments).

The accurate sum you will receive needs to be calculated with your own information.


(EXAMPLE) In the case that the last month of payment is between Sep. 2017 and Aug. 2019

Average Standard Remuneration	Coverage Months	Estimated Lump-sum Payments(Yen)
200,000	6	100,000(*)
200,000	12	220,000(*)
200,000	24	440,000(*)
200,000	36 or more	660,000(*)

Average Standard Remuneration	Coverage Months	Estimated Lump-sum Payments(Yen)
400,000	6	200,000(*)
400,000	12	440,000(*)
400,000	24	880,000(*)
400,000	36 or more	1,320,000(*)

 

Average Standard Remuneration	Coverage Months	Estimated Lump-sum Payments(Yen)
600,000	6	300,000(*)
600,000	12	660,000(*)
600,000	24	1,320,000(*)
600,000	36 or more	1,980,000(*)

[NOTE1] (*) App. 20% of them are withheld as income tax.
[NOTE2] "Average Standard Remuneration" shown above tables is calculated from the average of your salaries and bonuses you receive between the period you pay your pension. Please note that it isn’t necessarily the same as the average of your REAL salaries & bonuses.
[NOTE3] The sum of Lump-sum Payments are calculated by yen. When they are transferred into the bank accounts you designate, they will be exchanged from yen into a certain currency according to your accounts.
 

2.National Pension

National Pension (国民年金,こくみんねんきん) is the basic pension which covers people not employed by companies or public offices, that is, for example, the self-employed persons.

Lump-sum Payments of National Pension vary, like Employees’ Pension, according to both number of coverage months you contribute pension and when the last month of your contribution is. The following table shows the Lump-sum Payments of them.

(EXAMPLE) In the case that the last month of payment is between Apr. 2018 and Mar. 2019

Numbers of your contributed months	Peyments Amount(yen)
6-11 months	49,020
12-18 months	98,040
18-24 months	147,060
24-30 months	196,080
30-36 months	245,100
more than 36 months	294,120

The sum of Lump-sum Payments are calculated by yen. When they are transferred into the bank accounts you designate, they will be exchanged from yen into a certain currency according to your accounts.