Sending notification on the "Information on Payment Record of Retirement Pension Premiums"

Retirement Pension Benefits is a pension system with a funding method where premiums are borne by both members and schools.

PMAC sends “Information on Payment Record of Retirement Pension Premiums” on the birthday month of a member reaching age 35, 45, or 59 with a subsequent participation period of 1 or more years. The notification will be sent along with the “Pension Service Letters” through schools, etc. to current members, and to private addresses for former members.

The notification includes the following:

Sent at	Age 35, 45, 59
Content	Notification and Leaflet
Notification Content	Retirement Pension Benefits contribution period (months) Cumulative Pay Credit Cumulative Interest Cumulative Pay Credit and Interest Statements for each month during the contribution period (monthly standard salary, standard bonuses, pay credits, interests, total of pay credit and interest etc.)