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The average Japanese Pension Refund is ¥600000APLICA AICI
Employees in Japan are required to pay a contribution into a pension insurance fund out of their wages. Contributions are usually 11% of your salary, depending on whether you are paying into the Government's National Pension Scheme or your employer has a private social insurance plan. If you're a foreigner working in Japan, you can apply for a pension refund once you leave the country. You are entitled to a pension refund from Japan if:
You can also reclaim the 20% tax charged on the Lump-sum withdraw. What’s more, the pension insurance reimbursement is not subject to withholding income tax. However, when the social insurance office (Japanese Pension Service) reimburses your pension payments, it deducts 20% income tax on the refunded amount. Once you receive your refund, we can claim that tax back for you as well.
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