The Japanese industry has been enforced defined benefit pension plan for a long time. But since the depression of economics from 1990s, the pension assets of fund could not reach the goal of efficiency of investment. Hence, the accumulation of fund was often not enough. When enterprisers could not endure too overweight loss and went bankruptcy, the labors could not receive their retirement pension. The mobility of labor has been a trend. The defined benefit pension designed not for protability is not good for the labors to change jobs. To solve these problems the government of Japan made the law of defined contribution pension. Even though the law has the merit of transferability of pension, it has shortcomings waiting for legislators to solve, such as no provision of fiduciary responsibility, no formality of education of investment, and expensive procedure.