What is the National Pension (Kokumin Nenkin)?

The National Pension (Kokumin Nenkin) is a pension system that everyone living in Japan between the ages of 20 and 60 is required to join. It is a fundamental pension scheme, and enrollment is mandatory for all eligible residents. Premiums are a fixed monthly amount that you pay each month. You may also apply for an exemption or deferral of your premium payments if needed. Specific procedures can be completed online through the Japan Pension Service (Nihon Nenkin Kiko). --- Source: 日本年金機構 "年金制度の説明" https://www.nenkin.go.jp/international/index.html This article was reorganized by ＳＩＡデジタルテクノロジー株式会社 based on the above source. ※This language version is a machine translation from the Japanese version (ＳＩＡデジタルテクノロジー株式会社).