Bureau of Labor Funds 結果共2筆

The Ministry of Labor’s Bureau of Labor Funds reported a record high earnings of NT$176.38 billion in February, reaching a total size of NT$6.288 trillion. With a return rate of 4.28%, the fund aims for stable returns amidst fluctuating global interest rates and geopolitical conflicts.

The ＂Pension Contribution During Mandatory Military Service Act＂ was passed by Taiwan’s Legislative Yuan, requiring a 6% monthly pension deduction from servicemen’s salaries starting January 1, 2024. The law mandates that the hosting organization deducts this percentage from each serviceman’s wages and allowances, with the funds being deposited into personal pension accounts established by the Labor Insurance Bureau of the Ministry of Labor. Upon retirement from the military, individuals can participate in pension systems across various sectors. The Executive Yuan also approved a plan to strengthen and recalibrate the national defense force structure in 2022, including lengthening the military service term for men born after 2005 to one year starting from January 1, 2023. The Ministry of National Defense sees this act as treating military service as part of one’s personal career.