1.
employees' pension insurance; employees' pension
Japan's public pension scheme for company employees and civil servants. Contributions are taken from salary and shared with the employer, and it pays a pension on top of the basic national pension.
厚生 (public welfare) + 年金 (pension). Japan's public pension has two layers: 国民年金, the basic pension everyone from 20 to 59 pays into, and 厚生年金, the extra layer for salaried workers. A salaried worker is enrolled in both automatically.
Common collocations
- 厚生年金保険料: employees' pension contributions
- 厚生年金に加入する: to be enrolled in the employees' pension
- 厚生年金を受け取る: to receive an employees' pension
Similar words
- 国民年金: national pension — the basic layer, paid by self-employed people and students too
Related Words
Compare:
国民年金 (national pension)