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::: Home » NEWS » Starting May 1, 2016, the labor insurance salary cap will be adjusted to NT$ 45,800. On the stated date, the applicable monthly insurance salary grade of Labor (Employment) Insurance insured persons whose total monthly salary exceeds NT$ 43,900 shall be NT$ 45,800
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Starting May 1, 2016, the labor insurance salary cap will be adjusted to NT$ 45,800. On the stated date, the applicable monthly insurance salary grade of Labor (Employment) Insurance insured persons whose total monthly salary exceeds NT$ 43,900 shall be NT$ 45,800 Last Modified:2016-04-20

 Starting May 1, 2016, the Table of Grades of Insurance Salary will include an additional insurance salary grade, Grade 20, which reflects a monthly insurance salary of NT$ 45,800. Starting on this day, the applicable monthly insurance salary grade of Labor (Employment) Insurance insured persons whose monthly salary exceeds NT$ 43,900 will be NT$ 45,800.

Following the revision of the Table of Grades of Insurance Salary, the Bureau of Labor Insurance, Ministry of Labor (hereinafter referred to as BLI) will take the initiative to adjust the monthly insurance salary of the following insured persons to NT$45,800 starting May 1, 2016. On the same date, insurance premiums will be calculated according to the adjusted amount:

1.     Employers whose monthly insurance salary for April 2016 is NT$ 43,900.

2.     Insured persons whose monthly insurance salary for April 2016 is NT$ 43,900, and whose Labor Pension monthly contribution wage or National Health Insurance insured amount is NT$45,800 (inclusive) or higher (excluding members of occupational unions or fishermen’s associations, trainees at vocational training institutions, and insured persons who remain under insurance coverage while they are on leave without pay in military service, suffering from injuries or illnesses, or on parental leave, suspended or terminated from employment or if they are victims of occupational hazards).


A notification pertaining to the submission of information for insured persons whose monthly insurance salary have been adjusted by BLI to NT$ 45,800 will be printed on the reverse side of the March 2016 premium bill and sent to respective insured units. Upon receiving the May 2016 premium bill for Labor (Employment) insurance, insured units shall confirm the details and report any discrepancies.


Furthermore, insured units that enroll new employees in April 2016 shall declare the total actual monthly salary amounts of new employees whose monthly salary exceeds NT$ 43,900. BLI will adjust the employee’s monthly insurance salary to NT$ 45,800 on May 1, 2016 accordingly. In the event an employee is already enrolled with an insurance salary lower than NT$ 43,900 but whose actual salary exceeds NT$ 43,900, the insured unit is required to fill out an Insurance Salary Adjustment Form between April 1 and April 30, 2016 to declare insurance salary adjustment to NT$ 45,800. Adjustments shall become effective starting May 1, 2016.


The Table of Grades of Insurance Salary, which will take effect on May 1, 2016, and the Table of Insurance Premium Shared are available on the BLI’s website homepage under [Labor Insurance] > [Premium] > [Related Tables]
(http://www.bli.gov.tw/en/sub.aspx?a=qlpmP7AGer8%3d). Insured units and insured persons may view or download these documents online.

 

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