Please refer to the Pension Refund Section of your General Information Handbook for more information about getting your pension refund. In short, the steps to get a pension refund are:<\/p>\n
1.\u00a0Download the application form from The Japan Pension Service website<\/a>.<\/p>\n 2.\u00a0Designate somebody to be your tax representative (using the Declaration Naming a Person to Administer the Taxpayer’s Affairs form<\/a>) and inform your local tax office. Also give your designated tax representative this form, the Declaration of Cancellation of Tax Representative form<\/a> to use later after transferring the pension refund to your foreign bank account.<\/p>\n 3.\u00a0Go home.<\/p>\n 4.\u00a0Send documentation to the Japan Pension Service (NOT to your school or BOE!).<\/p>\n 5.\u00a0Payment (-20% tax) is deposited in an account in your home country, which you will specify when you’re applying for the pension refund.<\/p>\n 6.\u00a0Send the ORIGINAL proof of the payment to the aforementioned tax representative, who then needs to file for the tax refund on your behalf. Be sure to make a copy first for your records.<\/p>\n 7.\u00a0Refund is deposited into tax representative\u2019s account in Japan.<\/p>\n 8.\u00a0Tax representative sends tax refund to you.<\/p>\n This is where the \uffe540,000 (exact amount varies according to nationality) that gets taken out of every paycheck goes. Most of it goes to a pension and social welfare insurance fund. Most of it is refundable for foreigners. The Lump-sum Withdrawal Payment (Dattai Ichijikin\u8131\u9000\u4e00\u6642\u91d1) is calculated as follows (multiply Rate by 1 month\u2019s pay):<\/p>\n
Months on JET<\/strong><\/td>\n| Rate<\/strong><\/td>\n | Months on JET<\/strong><\/td>\n | Rate<\/strong><\/td>\n<\/tr>\n | 6\u2013 less than 12<\/td>\n | 0.4<\/td>\n | 24 \u2013 less than 30<\/td>\n | 1.7<\/td>\n<\/tr>\n | 12 \u2013 less than 18<\/td>\n | 0.8<\/td>\n | \u00a0 \u00a030 – less than 36<\/td>\n | 2.1<\/td>\n<\/tr>\n | 18\u2013 less than 24<\/td>\n | 1.3<\/td>\n | 36+ months<\/td>\n | 2.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n | Unfortunately, you cannot choose to pay an extra month of pension just to bump yourself up a rate bracket.<\/p>\n Additionally, if you stay more than 3 years, please keep in mind when calculating your refund after you leave that although you continued to pay into the pension refund past 3 years, only 3 years’ worth will be reimbursed to you.<\/p>\n |