I did some in-depth research on the retirement benefit system for the construction industry!

Hello, everyone.

This is Enta.

I went to Osaka the other day for the first time in a while, and the area around Osaka Station and Umeda is really something else.

It's become so metropolitan! (It was already a city, but now it's beautiful!)

It had a really modern feel to it—it was amazing.

It felt like it was more developed than Tokyo.

Osaka is really interesting these days!


But that's beside the point.

You know about the Construction Workers' Retirement Fund, right?

Have you ever looked into that system?

I did a little digging around, lol.

Retirement Benefit System for the Construction Industry

A business owner in the construction industry enters into a retirement benefit mutual aid contract with this organization to become a policyholder, with workers at construction sites designated as beneficiaries,

Mutual aid stamps are affixed to the mutual aid handbook issued by this organization to the worker, based on the number of days the worker has worked, and

Under this system, when a worker leaves the construction industry, our organization pays the severance pay directly to the worker.

It says that. Me

To put it simply,

The scheme involves forcing the general contractor to purchase stamps, with the mutual aid organization issuing a booklet and requiring workers to affix the stamps corresponding to their hours worked to the booklet. When the worker retires, the mutual aid organization pays the retirement benefits directly to the worker, making it appear as though the organization is the one making the payment.

The Writing Style of Today's Media OutletsI gave it a try, but what do you think of this? lol

A Story About When I Went to the Construction Association

No, I'm not saying I'm against the Construction Workers' Pension Fund system, you know?

However, this reminds me of a time when I visited the Construction Association, which is operated by the Independent Administrative Agency, the Workers' Retirement Allowance Mutual Aid Organization,

Anyway, it's just so annoying! lol

You'll be surprised!

I just went to renew my employee handbook, but they gave me all sorts of instructions, so I gathered the required documents, submitted them, and went home.

A month went by and the planner still hadn't arrived, so when I contacted them, they told me in a tone that seemed to say, "It just takes time!"—and then pulled off this amazing feat of having it delivered just a few days later.

I guess I must have forgotten... lol

And above all, the building is magnificent! Absolutely incredible.

The Non-Functioning Construction Workers' Retirement Fund

In the construction industry, both general contractors and subcontractors are working their butts off.

Stamp duty that general contractors are forced to purchase. In reality, the money from that is almost never actually used, right?

How many craftsmen actually keep their schedules organized and bring them with them? I’d love to know the percentage!

For example, even if the craftsman’s company is in charge, what about the subcontractors at the bottom of the chain?

And it’s virtually impossible—or rather, absolutely impossible—for the general contractor to use up all the revenue stamps they’ve purchased.

Of course, there’s the time and effort involved in managing the ledgers, as well as the paperwork related to issuing them and recording receipts and payments.

Main contractors are such a pain, aren't they? Subcontractors are a pain, too!

I’ve done both, so I understand perfectly.

Facts Subcontractors Don't Know

Without a receipt for the purchase of Construction Retirement Fund stamps, you won't even be able to undergo an inspection.

You absolutely must purchase these Construction Workers' Retirement Fund stamps!

The general contractor is obligated to make the purchase.

This seems kind of weird, doesn't it?

The assets of the Independent Administrative Agency, the Workers' Retirement Allowance Mutual Aid Organization, are impressive.

The total amount of assets under management for fiscal year 27 is approximately 930 billion yen!

That's a crazy number, isn't it? It's almost funny lol.

That was two years ago, so it’s probably over 950 billion now.

Total Severance Pay Disbursed

As of H28, it is reported that the company had paid out 1.6 trillion yen in retirement benefits to 2.25 million employees since its founding in Showa 39.

If you just divide this number, it comes out to 710,000 yen per person lol

At its peak in Heisei 9, 6.85 million people were employed in the construction industry, but by the average for Heisei 27, that number had fallen to 5 million.

Despite this, only 2.25 million people have received the payment...

Is this system actually working?

What's going to happen this time??

I really want to say, “Why don’t you just stop already??” but I guess this is going to keep going, huh~

Personally, since we already have My Number, I think it would be easier to get a card and just tap it every time I come to the site to hear that "ching" sound.

So, wouldn't you be happier if you received a retirement bonus every month?

It’s the wish of ordinary citizens that we do away with systems designed to create cushy jobs for retired bureaucrats.

We're not in that kind of era anymore, are we?

Independent Administrative Agency: Workers' Retirement Allowance Mutual Aid Organization

 

See you later.

What Do You Think About the General Contractor’s Inspection Before the Final Inspection? | From a Subcontractor’s Perspective

  1. カッパエビせん says:

    I took a good, long look at the "Perverts' Blog" for the first time in a while. It’s Kappa Ebi Sen No. 55 here, always feeling dizzy and exhausted from the heat. Thanks as always for your support. Lately, I’ve been wondering, “How many ‘Perverts’ notebooks have I gone through by now!?” I keep thinking I should check at work, but the heat has left me with absolutely zero motivation. The Independent Administrative Agency folks are something else, aren’t they? It’s pretty outrageous. I’ll drop by again once it cools down a bit. Take care in this heat.

  2. 梅昆布茶 says:

    That's quite an impressive amount of assets.
    They say that independent administrative agencies are a business that never loses money, and that’s certainly true.
    These days, people are getting planners printed and sticking stickers in them.
    I doubt it will ever be digitized.
    Because the retired bureaucrats would lose their jobs.

    When I quit the company where I’d worked for six years in my 20s, my severance pay was 200,000 yen...
    I was torn because I thought it would cost about 500,000 yen if it were the Construction Workers' Retirement Fund.
    In that sense, it’s not a bad system, though.

    "It's the fault of those who don't know the law."
    This is a famous quote from a former senior colleague.

    • Entertainment エンタ says:

      Thank you as always.

      It goes without saying that you should know the law.

      That's right!

      To hell with the vested interests in this world! lol

      We look forward to your continued support.

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