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The increased allowances in January 2006,            age benefits of labor insurance after January 1,
            July 2007 and January 2012, however, are             2009, and who have received old-age benefits
            fully absorbed by the central government. As         of labor insurance, pension payments of civil
            a result, NT$5,550 of the allowances are now         servant and teacher insurance, or retirement
            funded by the central competent authority and        payments of military personnel insurance but
            the remaining NT$2,000 paid by municipal             the number of total insured years is less than 15
            governments. In provincial areas, however,           years, or the amount of the lump-sum payment
            the total amount of the program is shared by         is less than NT$500,000.
            the central government. This approach has          2. Premium Rates and Monthly
            contributed greatly to improving farmers' lives.     Insurance Amount


            National Pension Program                           In 2020, the premium rate for the insurance
                                                               program is 9%, and the monthly insurance
            The national pension insurance program was         amount is NT$18,282. Insured persons shall pay
            launched on October 1, 2008.                       60% of the premium and the central competent
                                                               authority shall pay for the remaining 40%. For
            1. Insured Persons                                 low-income insured persons, middle-to-low-

            According to the National Pension Act, people      income insured persons or those with incomes
            aged  above  25  and  under  65,  with  their      below specific standards or those who have
            household registered in ROC and are qualified      disability manuals or disability identification, can
            for one of the following conditions, when not      get higher subsidization for the amount of the
            joining labor insurance, farmer health insurance,   premium from the central competent authority or
            civil servant and teacher insurance or military    even fully subsidized.
            personnel insurance program, should take part      Note: Starting from June, 2020, “Middle-to-low-
            in the national pension program and become               income insured persons” are eligible to
            insured persons :                                        receive subsidies.

            1. Not recipients of related old-age benefits of
               labor insurance, pension payments of civil      National Pension Premium
               servant and teacher insurance or retirement     Payment Ratio
               payments of military personnel insurance
               program.
            2. Not recipients of old-age benefits of labor                       40%
               insurance, or those who have already claimed          60%                         Government
               old-age benefits of labor insurance before                                        Insured Person
               December 31, 2008 (regardless of the number
               of insured years or the amount received), and
               who have pension payments of civil servant and
               teacher insurance or retirement payments of
               military personnel insurance but the number of   3. Insurance Benefits
               total insured years is less than 15 years, or the
               amount of the lump-sum payment is less than     The Types of benefits include “old-age pension
               NT$500,000.                                     benefits”,  “maternity benefits”, “disability
            3. Those who have already claimed one time old-    pension payments”, “survivor pension


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