Common use of Matters Covered Clause in Contracts

Matters Covered. 1. This Agreement shall apply, (a) as regards Japan, to the following Japanese pension systems: (i) the National Pension (except the National Pension Fund); and (ii) the Employees’ Pension Insurance (except the Employees’ Pension Fund); however, for the purpose of this Agreement, the National Pension shall not include the Old Age Welfare Pension or any other pensions which are granted on a transitional or complementary basis for the purpose of welfare and which are payable wholly or mainly out of national budgetary resources; and (b) as regards Sweden, to the legislation on: (i) sickness compensation and activity compensation; (ii) income-based old-age pensions and guarantee pensions; (iii) survivor’s pensions and surviving children’s allowance; and (iv) social security contributions as regards the legislation referred to in (i) to (iii) of this paragraph. 2. This Agreement shall also apply to all amendments to the legislations of both Contracting States insofar as they do not modify substantially the scope of the systems regulated or implemented by those prior to such amendments.