Page 15 - BLI-Brief Introduction
P. 15
Chapter Two - Profile of Labor Insurance and Labor Protection Programs
If the insured person has attained (3) An insured person who has been insured
the legal age, an additional 4% of the in the same insured unit for over 25
pension benefit amount shall be paid years and resigns.
against each postponed year, the (4) An insured person whose insurance
maximum addition shall be 20%. coverage reached over 25 years, who is
2. Lump-Sum Old-Age Benefits at least 50 years of age and resigns.
An insured person whose insurance (5) An insured person who has been
coverage is less than 15 years and who is employed for more than 5 years in
at least 60 years of age, and has resigned dangerous and physically hard labor, or
from work and withdrawn from insurance work of special character certified by
coverage , shall claim for lump-sum old- the central competent authority, who
age benefits (The age limit for claiming will is at least 55 years of age and resigns.
be increased gradually and it was raised to (If the insured person is engaged in
61 in 2018. Then the limit will be raised by high-pressure chamber operations or
one year for every two years until the limit diving operations as stipulated in the
reaches 65 years of age in 2026). “Standards for Preventing the Risks of
Injuries Posed by Abnormal Atmospheric
※Payment Standards:
Pressure”).
For every one full year of insurance coverage, (6) The insured persons who have
1 month of average monthly insurance transferred to the military personnel
salary of the 60 months with the highest insurance, the civil servant and teacher
salary levels during the coverage duration insurance, and who have resigned and
would be issued. For insurance coverage keep their labor insurance seniority
after 60 years of age, 5 years would be the pursuant to Article 76 of Labor
maximum to be included in the insurance Insurance Act.
coverage.
※Payment Standards:
3. One-Time Old-Age Benefits For every one full year of insurance coverage,
If an insured person has insurance coverage 1 month of average monthly insurance salary
before the implementation of the labor of the previous 3 years prior to the month
insurance pension on January 1, 2009, and the insured person withdraws insurance
meets one of the following requirements, coverage would be issued; should the total
he/she will be eligible for one-time old-age insurance coverage is more than 15 years,
benefits. for the part which is more than 15 years,
(1) A male insured person at least 60 years of 2 months of average monthly insurance
age or a female insured person at least would be issued for every one extra year of
55 years of age who has been insured insurance coverage, and the highest limit
for at least 1 year and resigns. is 45 months before the age of 60. If the
insured person is more than 60 years of
(2) An insured person whose insurance age and continue to work, the insurance
coverage reached over 15 years, who is coverage after 60 years of age would be
at least 55 years of age and resigns.
counted as 5 years for the maximum. The
Service‧Convenience‧Efficiency‧Innovation 13
