Page 34 - BLI-Brief Introduction

Brief Introduction
INSURE
Your Life

labor pension accounts. The number of for claiming the payment, the monthly
times workers may receive the pension pension payment shall be discontinued
payments from above-mentioned continuing and the survivor(s) or designated claimants
work and related dividends shall be limited according to the will shall receive the
to once a year. residual amount in their individual pension
account in a lump sum.
4. Pension Payments Requested by Dependents
or Will-Designated Individuals 5. Claiming Pension Payments in Advance
For workers who die before requesting Workers not reaching the age of 60 and
pension payments, their dependents or will- losing working abilities, in accordance with
designated individuals should claim a lump- Article 24-2 of the Labor Pension Act, may
sum pension payment. If workers, who have request to claim retirement payments ahead
received the monthly pension payment, of schedule. Workers reaching 15 years
die before they reach the average life contributive seniority or longer may request
expectancy or, for those who have claimed to claim monthly pension payments or a
for early benefit payment, before attaining lump-sum pension payment; however, those
the number of years specified by workers with contributive seniority not reaching 15

Profile of Labor Pension Collection (2005-2021)

No. of units and persons Amount of Contribution
(in 10,000) (in NT$100 million)
1200 2463 2600
2463
2334
2334
1100 2209 2400
2209
2071
1000 2071 2200
1950
1950
900 1850 2000
1850
1763
1763
1655
800 1566 1655 1800
1566
724
1497
708
1497 697 708 724 1600
697
678
700 1404 640 659 678
1404
659
640
622
1276
1276 602 622 1400
602
580
600 1147 1150 548 564 580
564
548
150
1
147
1
520
1074
1074 520 1200
1006
500 1006 457 474 1000
474
457
451
392
429
400 392 429 451
800
300 600
200 467 400
467
100 33 33 36 36 38 38 3939 40 40 42 42 43 43 4444 45 45 47 47 48 48 49 49 50 50 52 52 53 53 5454 55 55 200
0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 0
No. of persons(in 10,000) No. of units(in 10,000) Amount of Contribution(in NT$100 million)
32