GET NENKIN FROM ONLY 9,500 YEN – THE BEST PRICE ON THE MARKET WITH A TEAM OF 15 YEARS OF EXPERIENCE

When living and working in Japan, besides enjoying salary benefits, allowances, and quality of life, Vietnamese workers in Japan must also fulfill mandatory obligations similar to Japanese citizens, such as paying income contributions and taxes. Among these obligations, Nenkin (pension system) is one of the most concerning topics for Vietnamese workers. So how can you reclaim your Nenkin at the best price? Let HSB JAPAN guide you through the process in this article!

1. What is Nenkin? How is Nenkin Calculated?

Nenkin (年金) is Japan’s pension system, which requires all workers, including foreign workers in Japan, to participate. If you work in Japan and have an income, you are obligated to pay Nenkin as per government regulations. The main purpose of Nenkin is to ensure a source of income for workers after retirement or when they are no longer able to work.

There are two types of Nenkin in Japan:

• Kokumin Nenkin (National Pension Insurance): For self-employed individuals, students, or those who are not covered by company insurance.
• Kousei Nenkin (Employees’ Pension Insurance): For employees working at companies or enterprises.

If you are a foreign worker who leaves Japan before reaching the required conditions for pension benefits, you may request a refund of part of your contributions. This process is called Lump-sum Withdrawal Payment.

Nenkin Coefficient Calculation

The amount of Nenkin you can reclaim depends on the number of months you contributed to the system. The calculation follows this table:

Months Paid	Months Used for Calculation	Nenkin Coefficient
6 – <12	6	0.5
12 – <18	12	1.1
18 – <24	18	1.6
24 – <30	24	2.2
30 – <36	30	2.7
36 – <42	36	3.3
42 – <48	42	3.8
48 – <54	48	4.4
54 – <60	54	4.9
60+	60	5.5

The amount you receive is calculated as follows:
Nenkin Refund Amount = Average Monthly Salary × Nenkin Coefficient

• Average Monthly Salary refers to your gross salary per month (before deductions such as insurance, tax, rent, utilities, etc.).

2. Conditions to Claim Nenkin

To apply for a Nenkin refund, you must meet the following conditions:

• No longer residing in Japan (your residence registration must be canceled).
• Have contributed to Nenkin for at least 6 months.
• Submit your application within 2 years from the date of departure from Japan.
• Not currently receiving pension benefits in Japan.

3. Nenkin Refund Process & Required Documents

The Nenkin refund process is divided into two stages: Nenkin First Payment & Nenkin Second Payment.

3.1 Nenkin First Payment

This is the initial refund of part of your contributions to the Japanese pension system.

Required documents:

• Copy of your passport (showing personal details, residence status, and Japan exit stamp).
• Bank account details (for receiving the refund).
• Nenkin Handbook (if available).
• Nenkin Refund Application Form.

Processing Time: 4-6 months after submitting the application to Japan.

3.2 Nenkin Second Payment

The second payment is the remaining 20% of your total Nenkin. When you receive the first payment, 20% is deducted as tax. You can reclaim this amount by applying for a tax refund.

Required documents:

• Tax Withholding Statement (Gensen Choushu Hyou).
• Authorization Letter for a representative in Japan (if you cannot process the application yourself).
• Tax Refund Application Form.

Processing Time: 2-4 months after completing the first refund process.

Important Note: You cannot apply for the second refund yourself. You must authorize a representative currently living in Japan to apply on your behalf.

Conditions to Claim Nenkin Second Payment

• The tax refund application must be submitted within 5 years of leaving Japan.
• The refund is only transferred to a bank account in Japan.
• A tax representative in Japan must be appointed.
• You must have successfully claimed Nenkin First Payment.

4. Get Your Nenkin Refund from Just 9,500 Yen with HSB JAPAN

If you don’t have time or find the process too complicated, HSB JAPAN provides a fast and accurate Nenkin refund service at a special price starting from just 9,500 yen – the best price on the market with exclusive benefits!

Why Choose HSB JAPAN?

• Best Price Guarantee – From 9,500 yen, the most affordable rate.
• 15+ Years of Expertise – Deep understanding of Japan’s legal and tax system, ensuring a smooth and error-free process.
• Fast Processing – No delays, no rejected applications – we ensure you receive your refund on time.
• Transparent Fees – No hidden costs, full-package service for both Nenkin First & Second Payments.
• Dedicated Support – Our bilingual consultants (Japanese & Vietnamese) assist you from A-Z, answering all your concerns.

How to Apply with HSB JAPAN?

1. Contact Us – Message or call for a free consultation.
2. Prepare Documents – Receive detailed guidance on required paperwork.
3. Submit Application – HSB JAPAN will process everything on your behalf.
4. Receive Nenkin Refund – The refund will be directly transferred to your account.

Contact HSB JAPAN now for expert guidance and hassle-free Nenkin retrieval!