pension 結果共22筆

Taiwan’s Bureau of Labor Funds reported a NT$1.2 billion loss in February due to global market volatility. Despite short-term challenges, the fund maintains strong long-term yields.

Taiwan’s Bureau of Labor Funds seeks foreign trustees for a $1.6 billion climate-focused pension fund. The initiative aims to boost sustainable development.

The Bureau of Labor Insurance reports 1.87 million retirees received old-age pensions in 2024, with 53.7% getting less than NT$20,000 monthly. Men earn more than women.

Taiwan’s Bureau of Labor Insurance advances annuity payments for 3.96 million people ahead of Lunar New Year. Recipients to receive funds by Friday.

The National Federation of Teachers Unions urges Labor Minister Hung Sun-han to implement a unified Labor Day holiday and address workplace bullying. They advocate for legal reforms to support workers’ rights, pension sustainability, and family-friendly policies.

The Ministry of National Defense in Taiwan announced a 75% pension cut for retired Major General Tsang You-hsia for attending a pro-unification event in Hong Kong.

The Taiwan Lottery has generated over NT$600 billion in surpluses since 1999, funding social welfare and health insurance. Sales in 2023 reached NT$125.1 billion.

Discover the latest performance results of Taiwan’s labor funds as of July 2024, including significant gains and a total scale reaching NT$6.853 trillion. Learn about the return rates and strategies for securing stable returns for workers.

Discover how Taiwan’s Ministry of Labor clarified that bonuses for night shifts and retention given to nurses will not count as wages, impacting labor insurance and pension contributions.

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.

Discover how Taiwan’s government plans to secure the future of its labor insurance fund, with a NT$120 billion allocation to address financial shortfalls and ensure sustainability for millions of workers.

Taiwan’s Executive Yuan spokesman, Lin Tzu-lun, announced that the Consumer Price Index (CPI) rose by 2.71% in December 2023. Due to the CPI surpassing the legal threshold for two consecutive years, the government supports increasing stipends for retired military, civil, and education personnel by at least 4%. Fixed pension benefits for these individuals will be adjusted to account for inflation. The Executive Yuan has allocated NT$4.4 billion in the 2024 central government budget as a reserve fund for price fluctuations. The necessary adjustment mechanisms have been initiated, with a specialized assessment panel deliberating on the rate adjustment. The government aims to complete the related processes and backtrace the adjustments to January 1, 2024, to ensure the living standards of retired personnel.

Taipei’s 2024 vice presidential debate concluded with Taiwan’s People Party (TPP) candidate Cynthia Wu claiming that she successfully addressed all topics discussed during the heated exchange. However, Wu expressed feeling overlooked by her opponents, Democratic Progressive Party (DPP) candidate Hsiao Bi-khim and Kuomintang (KMT) candidate Jaw Shaw-kong, as Jaw did not include her in two of his inquiries. Despite receiving a 7 percent rating for her performance, Wu dismissed it and criticized her fellow candidates for not adequately addressing her repeated questions on pension issues. She emphasized the TPP’s commitment to realistic and practical national policies, urging the public to impartially assess their achievable initiatives.

As Taiwan’s elections approach, voter concerns over low wages and the Labor Insurance Fund’s bankruptcy are at the forefront. Labor groups criticize major parties for inadequate labor reforms, with a focus on enhancing labor rights and wages.

Chen Pei-chi, spouse of Ko Wen-je, presidential candidate from the Taiwan People’s Party (TPP), explained in a Facebook post that the increase in their bank deposits was due to receiving NT$4.22 million from a public service pension after Ko’s term as Mayor of Taipei ended. This clarification came after concerns were raised regarding the rise in Ko’s bank deposits, as disclosed by the Central Election Commission (CEC). Chen, who has been responsible for Ko’s financial declarations for years, praised the user-friendliness of the Control Yuan’s property declaration system but noted that the process for fulfilling the CEC’s requirements was incompatible with the Control Yuan’s document handling. Chen meticulously calculated the savings and net value of funds, including residual payment insurance policies. The couple had paid approximately NT$700,000 in insurance premiums that year but did not explicitly list it in the commission’s financial report form due to a lack of specific fields. Chen expressed surprise at the deposit increase, considering Ko’s retirement and lack of salary income as chairman of the TPP. The family relied on Chen’s hospital income, and the discovery of the NT$4.22 million pension deposit was unexpected.

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.

The labor minister of Taiwan, Hsu Ming-chun, has assured the public that the government-backed labor insurance will not face bankruptcy. Hsu emphasized that the government will continue to allocate supplementary funds to prevent this outcome. Concerns had arisen due to the growing imbalance between the number of pension recipients and payees, with predictions of bankruptcy by 2028. However, Hsu pointed out that the government has been providing supplementary pension funds for the past four years and assured that this plan will be maintained. She also stated that the government’s supplementary labor insurance provisions are considered part of administrative expenditures. While there are currently no provisions in place for additional government funds, Hsu suggested that it could be implemented if approved.

The Ministry of National Defense in Taiwan plans to deposit 6% of conscripts’ monthly wages for their pension, with the policy set to be enacted as scheduled. Mandatory service of one year will be reintroduced next year for those born after 2005.

Facing inflation and an aging society, Taiwanese individuals worry about labor insurance fund bankruptcy. Survey highlights concerns and retirement preparation.

Taiwan is becoming an aging society, leading to an uptick in retirees reentering the job market in recent years. Many elderly individuals express a desire to stay connected with society and experience personal growth.

According to recent data from the Bureau of Labor Insurance, approximately 13.5% of Taiwan’s workforce, which amounts to over one million workers, voluntarily contributed to their pension accounts in March. 

The average age for first-time pension recipients in Taiwan has decreased in recent years, according to data from the Bureau of Labor Insurance.