Title: Act on Partial Revision of the Act on Partial Revision of the National Pension Act, etc.
Promulgation Date: December 14, 2011	Effective Date: December 14, 2011
Act No.: 121	Responsible Division: Pension Division, Pension Bureau
<Purpose>
Necessary measures shall be taken to set the FY2011 state subsidy rate of the basic pension at 50%.
<Outline>
1. In FY2011 the difference between the state subsidy rate of 50% and 36.5% shall be covered by a state subsidy.
In this case, however, the said difference shall be secured through utilizing financial resources secured by issuing reconstruction bonds.
2. Over the respective years of FY2012 through to the fiscal year prior to the fiscal year in which stable financial resources can be secured through the fundamental tax reform the necessary legislative/financial measures shall be taken to cover the amount equivalent to the above difference after taking taxation measures via a state subsidy.
The “Fundamental tax reform” refers to a fundamental tax reform that will take place in accordance with supplementary provision Article 104 of the Act on Partial Revision of the Income Tax Act, etc. (Act No. 13 of 2009).
3. The pension amount for the exemption period of National Pension insurance premiums in FY2011 shall be calculated on the assumption of a state subsidy rate of 50%.
The pension amount for the exemption period of National Pension insurance premiums is linked to the state subsidy rate. (Until FY2008: 1/3, FY2009 and FY2010: 1/2 (50%))
<Effective Date>
Promulgation date

Title: Act on Partial Revision of the Employment Insurance Act and the Act on Special Accounts for Stabilizing the Lives and Employment of Workers in Response to the Present Severe Employment Situation
Promulgation Date: March 31, 2012	Effective Date: March 31, 2012
Act No.: 9	Responsible Division: Employment Insurance Division, Employment Security Bureau
1. PurposeThe temporary measures that were taken after the Lehman Shock up until the end of FY2011 (March 31, 2012) shall be extended in thereby stabilizing the lives and employment of workers under the present severe employment situation.
2. Outline(1) Extension of measures to extend the duration of benefits[1] Extension of individual extended benefitsThe provisional measures of being extended for up to 60 days for the duration of benefits for those unemployment due to dismissal, bankruptcy, or end of employment who have been identified as facing particular difficulties in obtaining employment and taking into consideration their age and regions shall be extended for 2 years (until the end of FY2013).[2] Extension of the duration of benefits for those unemployed due to end of employmentThe provisional measures of extending the duration of benefits for those unemployed due to end of their employment (90-150 days) shall be the same as the duration of benefits for those unemployed due to dismissal or bankruptcy (90-330 days) and thus shall be extended for 2 years (until the end of FY2013).
(2) Extension of special reserve fund measuresThe provisional measures to enable loans of the necessary amount for use in paying the employment adjustment subsidy from the reserve fund for unemployment benefits shall be extended for 2 years (FY2012 and FY2013).