Japan Pension Fund Association

The predecessor of Pension Fund Association was founded in 1967 as a federation of employees’ pension funds based on the Employees’ Pension Insurance Act. Pension Fund Association in its present form was established under the revision of the Act in 2004. It provides pension benefits to people seceding from employees’ pension funds after a brief period of membership, usually less than 10 years. It also undertakes the aggregation of different corporate pension plans, including employees’ pension funds, defined benefit corporate plans and defined contribution plans. At the end of fiscal year 2021, it had JPY 12.5 trillion in total assets.