This reports on the Ministry of Health, Labour and Welfare's publication of the summary of revenue and expenditure settlement for Employees' Pension Insurance and National Pension for FY2024.
The Ministry of Health, Labour and Welfare Pension Bureau made a press release on August 1, 2025, publishing materials that comprehensively summarize detailed analysis results of revenue and expenditure settlements for both Employees' Pension Insurance and National Pension in FY2024. This settlement summary comprehensively presents annual revenue and expenditure conditions, reserve fund investment performance, and future financial outlook for both systems.
Regarding Employees' Pension Insurance, detailed analysis of revenue aspects including insurance premium income, national treasury contributions, and reserve fund investment returns, and expenditure aspects including pension benefit costs and administrative expenses confirms the financial soundness of the system. Similarly for National Pension, the balance between insurance premium income, national treasury contributions, investment performance, and benefit expenditures is evaluated, clarifying financial conditions toward long-term system maintenance.
Additionally, detailed performance of reserve fund investment by the Government Pension Investment Fund (GPIF) is reported on a market value basis, with references to effects of asset allocation strategies and market environment impacts.
The article concludes that the FY2024 settlement results for both pension systems serve as important indicators supporting system sustainability and will be utilized as basic materials for future pension policy management.