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FAQs: "Special Provisions" for public fund receiving account Registration (Subject: pensions Receiving Account)

Q7-1: What is the "Special Provision for Registration via public authorities, etc." and is the receiving account in pensions automatically registered?

A7-1

In order to realize prompt and reliable benefits, we aim to expand the method of registering so that even people who are unfamiliar with digital can easily make a Registration of public money receiving account. For pensions receiving accounts, account registration will be made easy by notification from the Nippon pensions Organization.
If you agree with Registration of public money receiving account, you can register your account without any special procedures. On the other hand, if you do not agree with the account registration, you will not be able to register your account by answering to that effect.
Please refer to the following for specific procedures.

  • If you agree to register
    Procedures for consenting to registration are indicated.
    1. First, the Nippon pensions Organization will send a registered mail to the pensions recipient to confirm whether or not to register the receiving account in pensions as a public fund receiving account.
    2. I agree with Registration of public money receiving account. (In this case, no procedure is required.)
    3. The Nippon pensions Organization will provide Digital Agency with information to register as a public fund receiving account.
    4. We will have a Registration of public money receiving account in Digital Agency.
    5. Digital Agency will notify pensions recipients of the enrollment results.
  • If you do not agree to the registration
    Procedures for cases in which registration is not agreed are indicated.
    1. First, the Nippon pensions Organization will send a registered mail to the pensions recipient to confirm whether or not to register the receiving account in pensions as a public fund receiving account.
    2. If you do not agree with the Registration of public money receiving account, you will reply to that effect to the Nippon pensions Organization. (Please reply to that effect with the return postcard enclosed with the mail.)
      *Even if you forget to answer the question and it is registered as a public fund receiving account, you can change or delete the registered public fund receiving account at a Mynaportal or a counter of a financial institution.

We are currently preparing to start the program, and the specific timing of the start has not been determined. When the program starts, we will widely publicize it in advance on the Digital Agency website, etc., and we plan to provide appropriate information, such as sending advance notice by registered mail to those who will be eligible.

Q7-2: When will the "Special Scheme for Registration via public authorities, etc." be launched?

A7-2

We are currently preparing to start the program, and the specific start date has not been determined. As soon as it is determined, we will make it known on the Digital Agency website, etc.

Q7-3: If I do not agree to the "Special Provisions for Registration via public authorities, etc.", do I need to go through the necessary procedures?

A7-3

Prior notice will be sent by registered mail from the Japan pensions Organization for the implementation of the special scheme.
If you do not agree with Registration of public money receiving account, please indicate so in the enclosed reply postcard.

Even after registration, it is possible to change or delete the registered account from the Mynaportal or the counter of the financial institutions (*).
*We plan to start accepting applications at the counters of financial institutions around the end of fiscal 2024 (fiscal 2024).

Q7-4. Why do people who do not want to register a public authorities have to go through the procedures for "Special Provisions for Registration via public fund receiving account, etc."?

A7-4

We are doing this with the aim of developing a foundation that allows a wide range of generations to receive benefit more easily by preparing a method that allows people who are unfamiliar with digital to register easily. We would appreciate your understanding.

Q7-5: How should I respond if I cannot receive the advance notice of the "Special Provision for Registration via public authorities, etc.", such as when I am away from home for a long period of time?

A7-5

The advance notice from the Japan pensions Organization will be sent by registered mail, and if it cannot be received due to absence or other reasons, it will be returned to the Japan pensions Organization. In such a case, the person has not been notified, so it will not be registered as a public fund receiving account. If you wish to register as a public fund receiving account, please register at the counter of the Mynaportal or financial institutions separately.

Q7-6: If a receiving account in pensions is registered as a public fund receiving account Site, will the national government understand the account balance and transaction history?

A7-6

Since only information such as account number is provided to Digital Agency, information such as account balance and transaction history will not be known by registering.

Q7-7 If I register public fund receiving account, will my My Number be linked to all the savings accounts I have?

A7-7

Public fund receiving account is a system in which one person registers for one account as an account to receive public benefits.
My Number is not linked to bank accounts other than those registered in public fund receiving account.