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Pension Dictionary

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Redefinition of Pay Grade
It refers to the redefinition of pay grade if school staff include the reasons for combined calculation (inc. eligibility and change of academic ability) and the restriction period of salary raise, or the method of redefining the pay grade is changed.
Repayment by Combined Calculation
It refers to the amount to be returned by adding a certain rate of interest to the retirement benefit received at the time of retirement for combined total employment period. The benefits of return are lump sum allowance for retirement, lump sum allowance for retirement annuity and lump sum allowance for retirement annuity after deduction. The retirement annuity and military retirement annuity are not the objects of return.
Retirement Annuity
It refers to the benefit that is paid as a pension after the school staff with the employment period of more than ten years retired.
Retirement Allowance Contribution
It refers to the expenses required for the payment of retirement allowance borne by the nation or the Foundation.
Retirement Allowance
It refers to the benefit that is paid if school staff retired or die after being employed for more than one year.
Retirement Benefit
It is the long-term benefit that is paid when school staff retire, and refers to the five kinds such as the retirement annuity, Early Retirement Annuity, lump sum allowance for retirement annuity, lump sum allowance for retirement annuity after deduction and lump sum allowance for retirement. - The lump sum allowance for retirement annuity is paid if the school staff who were employed for more than ten years want to receive allowance in a lump sum the allowance not as a pension, and such a selection of payment method cannot be changed to other benefit such as the retirement annuity if payment is once made based on such a selection by school staff. - The lump sum allowance for retirement annuity after deduction is paid if the school staff who were employed for more than ten years want to receive the allowance as a pension for a certain period of more than ten years after retirement and in a lump sum for the rest period.
Retirement
It refers to all dismissals other than removal, resignation and death. However, there is an exception when school staff are reappointed on the day when their status ceased to exist or on the next day, and when the retirement benefit and retirement allowance in accordance with the Pension Act are not received.
Regular Raise in Salary
The period required for the raise in salary between the pay grades of the public officials is one year, and the public officials` salaries rise as from the first day of January, April, July and October each year.
Retroactive Combined Total Employment Period
It refers to the system that recognizes the period of working for private school institutions before the Pension Act was put into effect as the service period in accordance with the Pension Act to extend the employment period. ※ There are retroactive combined total calculations for the same corporate body and other corporate bodies, respectively.
Reinstatement
It refers to returning to the position of the school staff who are under leave of absence, relief of duties and suspension.
Remuneration
It refers to the combined amount of salary and other various allowances.
Right to Indemnity
It refers to the Foundation`s acquired subrogated right of claim that the beneficiary has against a third party (the person who is responsible for the compensation) if the reason for the benefit occurred due to a harmful act of the third party.
Reprimand
It is one of the disciplinary actions, and those who made a mistake are rebuked and made to repent the mistake. ※ The raise in salary is limited for six months from the date of disciplinary actions. If three years elapse from the date of disciplinary actions, the period of limited raise in salary is re-included by the special cases of the period for raise in salary.
Reduction in Salary
It is a type of disciplinary actions. Its duration is more than one month and less than three months and the 1/3 of the remuneration is reduced. ※ The raise in salary is limited for twelve months from the termination date of the execution of disciplinary actions. If five years elapse from the termination date of disciplinary actions, the period of limited raise in salary is re-included except for the period of disciplinary actions by the special cases of the period for raise in salary.
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