How do I get my Japanese pension refund?

How to apply for a pension refund. The application process requires you to obtain an “Application for the Lump-sum Withdrawal Payments（National Pension / Employees’ Pension Insurance” form, fill in the details, then send it to the Japanese Pension Service. The money will be remitted into a specified account.

How much is the jet pension refund?

Tax Refund on Lump-sum Withdrawal Payment Those who are eligible to file for the Lump-sum Withdrawal Payment on the Employees’ Pension Insurance, which includes most JET participants, may also qualify to receive a refund on the 20% flat tax placed on the Lump-sum Withdrawal Payment.

How long does pension refund take Japan?

How long will it take to get my Tax refund which was taxed on my Pension? A3. It will take 2-6 months after we submit your original copy of of “Notice on Payment of the Lump-sum Withdrawal Payment” to the Japanese tax office.

What happens to pension when you leave Japan?

If you wish to apply for lump sum withdrawal payments, you can recover up to 3 years of pension payments in one lump sum after leaving Japan. If you use this option, you will forfeit your right to claim pension coverage in the future.

How does a jet get a pension in Japan?

As such, money is deducted from your remuneration each month and placed into a pension fund. JETs can apply for a lump-sum withdrawal payment (aka pension refund) once they give up their residence in Japan. Private school JETs have their pension through the Shigaku Kyosai – Private School Mutual Aid (PSMA) .

Do you get tax refund on jet pension?

Those who are eligible to file for the Lump-sum Withdrawal Payment on the Employees’ Pension Insurance, which includes most JET participants, may also qualify to receive a refund on the 20% flat tax placed on the Lump-sum Withdrawal Payment. 1. Designate a person to file your tax paperwork.

How do I get my pension refund in Japan?

NOTE: Using the “Application for the Lump-sum Withdrawal Payments” form, you will receive 80% of your pension refund. The refund is subject to a 20% tax. In order to receive the refund of this 20% tax, you must also designate a current resident of Japan to be your tax agent.

How long do you have to work in Japan to get pension?

Also, you may only claim pension for up to 36 months worked in Japan. So, if you are a fourth or fifth year JET, you can only get a refund from your first three years.