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Business Topic

Premium Rates

The labor insurance premium rate is 7.5% ~13% of the insured person's monthly insurance salary; the insurance premium rate was 7.5% when the amendments of this Act were promulgated and enforced on July 17, 2008, three years after the new regulation was enforced, the premium rate will be increased by 0.5%. Since then, 0.5% will be added to the insurance premium rate every year until the rate reaches 10%. From the year when the insurance premium rate reaches 10%, the rate will then be increased by 0.5% every two years until the rate reaches the upper limit of 13%. However, when the balance of the insurance fund is enough to pay the benefits for the next twenty years, the insurance premium rate will not be increased. The labor insurance premium rate for labor insurance shall be reduced by 1% with effect from the date the Employment Insurance Act was implemented, and the premium calculation shall be based on the insurance salary for the current month. The current premium rate is 10.5%.

Last Update:2022-09-14