NEC Corporate Pension Fund

NEC Corporate Pension Fund is a single-employer corporate pension based in Tokyo, Japan. The pension plan provides retirement benefits to the employees of NEC Corporation. The retirement benefit paid to a retiree is calculated using a formula that often employs years of credited service under the plan and salary information. The retirement benefit is payable to the employee upon attainment of their normal retirement age for the remainder of his/her lifetime. The assets of the pension fund are managed by the pension executives.