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企業年金
[kigyo nenkin] - corporate pension

企業年金 (kigyo nenkin) refers to corporate pensions in Japan. These are retirement plans set up by companies to provide financial support to their employees after retirement. Corporate pensions in Japan can be categorized into two main types: Defined Benefit (DB) plans and Defined Contribution (DC) plans.

In a Defined Benefit plan, the employer guarantees a specific retirement benefit amount, which is usually based on the employee's salary and years of service. The employer is responsible for managing the investment and bearing the investment risk.

In a Defined Contribution plan, the employer and/or employee contribute a fixed amount to the pension plan, but the retirement benefit amount depends on the investment performance of those contributions. The employee bears the investment risk in this case.

Corporate pensions are an important part of the overall retirement system in Japan, complementing the public pension scheme (Kosei Nenkin) to provide financial security for retirees.


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See Also

法人保険   [houjin hoken] - corporate insurance

法人保険 (houjin hoken) is a Japanese term that translates to "corporate insurance" or "business insurance" in English. It refers to insurance policies that businesses purchase to protect against various risks and liabilities associated with their operations. Types of 法人保険 include property insurance, which covers damage to business property due to events like fire, theft, or natural disasters. Liability insurance protects against legal claims arising from accidents, injuries, or negligence. Business interruption insurance compensates for lost income and ongoing expenses if business operations are disrupted by an insured event. Employee benefits insurance includes health, life, and disability insurance for employees. These insurance policies help businesses manage risk, protect their assets, and ensure continuity in the face of unforeseen events.

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健康保険料   [kenkou hokenryou] - health insurance premium

健康保険料 (kenkou hokenryou) is a Japanese term that translates to "health insurance premium" in English. It refers to the amount of money that individuals or employers pay to a health insurance provider to maintain health insurance coverage.

In Japan, health insurance is mandatory, and premiums are typically deducted from employees' salaries. Employers often share the cost of these premiums with their employees. The premiums help cover the costs of medical services, treatments, and medications, ensuring that insured individuals have access to necessary healthcare without incurring significant out-of-pocket expenses.

The calculation of 健康保険料 is usually based on the insured person's income, with higher earners paying more in premiums. The collected premiums fund the health insurance system, allowing for the distribution of healthcare benefits to policyholders.

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保険金   [hokenkin] - insurance money or benefits paid out by an insurance company to a policyholder or beneficiary

保険金 (Hokenkin) refers to insurance money or benefits paid out by an insurance company to a policyholder or beneficiary. This payment is made under the terms of an insurance policy when a specified event, such as an accident, illness, death, or property damage, occurs. The purpose of hokenkin is to provide financial protection and support to individuals or businesses, helping them to recover from losses or unforeseen circumstances.

The amount and conditions of the insurance payout are determined by the policy agreement, which outlines the coverage details, premium payments, and claim procedures. Receiving hokenkin typically requires the policyholder to file a claim and provide necessary documentation to prove the occurrence and extent of the covered event. This concept is fundamental in risk management, offering peace of mind and financial stability by mitigating the impact of adverse events.

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Frequently Asked Questions

企業年金 (kigyo nenkin) refers to corporate pensions in Japan. These are retirement plans set up by companies to provide financial support to their employees after retirement. Corporate pensions in Japan can be categorized into two main types: Defined Benefit (DB) plans and Defined Contribution (DC) plans.


Corporate pension is 企業年金 (kigyo nenkin) in Japanese.




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