Insurance & Benefits
こうせい厚生ねんきん年金
Employee Pension
Definition
Employee Pension is a public pension system for company employees and civil servants, paid on top of the National Pension (basic pension). Premiums are calculated based on standard monthly remuneration and split equally between employer and employee.
Examples
厚生年金の保険料は、給与から毎月天引きされます。
Employee pension (厚生年金) premiums are deducted from salary every month.