The financial results of the National Pension System, which are joined by the self-employed and others, in the last fiscal year and Reiwa 4 years were the first loss in three years due to sluggish growth in profits from the management of reserve funds. On the other hand, the welfare pension plan to which company employees join has been in the black for three consecutive years, and the combined reserve fund for both companies reached a record high of about 3 trillion yen.
According to the Ministry of Health, Labour and Welfare, the National Pension System, which is a member of the self-employed and others, recorded revenues of 3.6046 trillion yen and expenditures of 3.7277 trillion yen last fiscal year, with expenditures exceeding revenues and a deficit of about 1232.1493 billion yen.
This is due to an increase in the payment rate and an increase in insurance premium income, while the investment income of the national pension portion of the reserve fund by the Government Pension Investment Fund by the GPIF = Government Pension Investment Fund remained at 3.51 billion yen, marking the first loss in three years.
On the other hand, the welfare pension plan to which company employees join recorded revenues of 9181.48 trillion yen and expenditures of 4628.3 trillion yen, resulting in a surplus of approximately 4552.3 trillion yen.
This was due to an increase in the number of subscribers and an increase in premium income due to wage increases, resulting in a surplus for three consecutive years.
As a result, the balance of the reserve fund was 10.4518 trillion yen for the national pension on a market value
basis, down 1123.197 billion yen from the previous fiscal year, while the welfare pension was 5392.3 trillion yen,
an increase of 4777.207 trillion yen.
The total for both parties was 9910.<> trillion yen, a record high.
According to the Ministry of Health, Labour and Welfare, "Although the National Pension System has become a deficit, the overall reserve fund is on an increasing trend.