Page 45 - BLI-Brief Introduction

Chapter Three - Profile of Delegated Businesses

the farmer’s individual pension account, taking teacher insurance or retirement payments of
into account the pension life table, average life military personnel insurance program.
expectancy, interest rate, etc.
2. Not recipients of old-age benefits of labor
(2)Advanced Pension Payment insurance, or those who have already claimed
old-age benefits of labor insurance before
A farmer under the age of 65 may claim December 31, 2008 (regardless of the number
advanced pension payment if he/she suffers of insured years or the amount received), and
from physical/mental disabilities and meets the who have pension payments of civil servant and
requirements set forth in Article 16, Paragraph teacher insurance or retirement payments of
1 of the Farmer Pension Act. In this case, the military personnel insurance but the number of
farmer may decide at his/her own the limit to total insured years is less than 15 years, or the
the number of years for pension payment.
amount of the lump-sum payment is less than
(3)Claim for Pension Payments by NT$500,000.

Heirs or Designated Claimant 3. Those who have already claimed old-age benefits
of labor insurance from January 1, 2009 to
If a farmer died before claiming pension
payments, or if he/she had already started September 30, 2023, and who have received
collecting payments from his/her pension old-age benefits of labor insurance, pension
account but died before reaching the average payments of civil servant and teacher insurance,
life expectancy or the limit to the number of or retirement payments of military personnel
insurance but the number of total insured years
years for receiving the pension, the remaining is less than 15 years, or the amount of the lump-
amount in the individual farmer’s pension sum payment is less than NT$500,000.
account shall be collected by the heirs of the
farmer or the designated claimant.

National Pension Program National Pension Premium
Payment Ratio
The national pension insurance program was
Government
launched on October 1, 2008.
Insured Person
1. Insured Persons
According to the National Pension Act, people 40%
aged above 25 and under 65, with their household
registered in ROC and are qualified for one of 60%
the following conditions, when not joining labor
insurance, farmer health insurance, civil servant
and teacher insurance or military personnel
insurance program, should take part in the national
pension program and become insured persons:

1. Not recipients of related old-age benefits of labor
insurance, pension payments of civil servant and

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