mandatory retirement 結果共4筆

Discover the latest on Taiwan’s labor insurance: Starting Aug. 20, the Bureau of Labor Insurance will distribute 15 subsidies, including the Labor Pension Annuity Insurance, with an average payout of NT$18,675. Learn more about eligibility and payout dates.

Taiwan’s new labor law amendment allows workers aged 65 and older to negotiate delaying retirement, aiming to keep seniors active in the workforce.

Legislative Yuan reviews changes to the Labor Standards Act that could affect retirement ages. Labor groups demand more autonomy for workers.

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.