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Business Topic


Labor Pension Act was promulgated by the President on June 30, 2004 and put into practice on July 1, 2005. Through the implementation of the pension system stipulated in the Labor Pension Act (hereinafter referred to as the new labor pension system), pensions will become "visible and receivable", and workers' living after their retirement will be much more safeguarded. As for the receiving and payment of labor pensions contained in the new labor pension system, their safekeeping, the additional payment for arrear, the payment of administrative fines and their executive compulsion will be delegated and handled by the Bureau of Labor Insurance .

Last Update:2021-08-20