Payment suspension When Receiving Payments Provided under the Employment Insurance Act

If a person is receiving benefits provided under the Employment Insurance Act, Old-age Employees’ (Retirement Mutual Aid) Pension payments for those under age 65 are suspended.

1. While a person under age 65 who is eligible to receive Old-age Employees’ (Retirement Mutual Aid) Pension is receiving a basic allowance (unemployment benefits) of the Employment Insurance Act, the Old-age Employees’ (Retirement Mutual Aid) Pension is suspended.
   Note:
   Even if the person receives the basic allowance for only one day, the payment of Old-age Employees’ (Retirement Mutual Aid) Pension for the month is suspended. However, after the allowance ends, the number of days of basic allowance received in each month is summarized every 30days and settled after the fact and the suspension will be canceled.
   The number of months to cancel the suspension after adjustment = number of months pension payment was suspended - (number of days basic allowance was received ÷30)
   -> Less than 30 days is rounded up to 1 month.
2. If an employed person under age 65 who is eligible to receive Old-age Employees’ (Retirement Mutual Aid) Pension is receiving Basic Continuous Employment Benefits for the Elderly or Re-employment Benefits for the Elderly under the Employment Insurance Act, the rule of suspended payment due to receiving Continuous Employment Benefits for the Elderly will also apply(Note) in addition to the suspension rule for employed persons.
   Note:
   In principle, 6% of the monthly standard salary is suspended.