home> Pension Benefits > Overview of Retirement Pension Benefits (Private schools version) (New 3rd tier)

Overview of Retirement Pension Benefits (Private schools version) (New 3rd tier)

There are the following Retirement Pension Benefits (Private schools version):

Overview of Retirement Pension Benefits (Private schools version) (New 3rd Tier)

In the system of Retirement Pension Benefits (Private schools version), the financial operations utilize the funding method and the benefit payment design utilizes the cash balance method. This cash balance method has the advantages of both defined-benefit type in which the payment amount is stabilized and defined contribution type, which determines the payment amount based on the account balance and its operational results.