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Q&A Relating to the 2017 Adjustment of Labor Insurance Pension Payment Based on CPI Growth

1. I am receiving an old-age pension benefit of NT$20,000 per month. Will this amount be increased in the future?
2. Since the launch of the labor insurance pension system in 2009 up to 2016, how has the CPI accumulated growth rate been calculated for each year (the year when the beneficiary starts to receive the payment)?
3. Will there be any adjustment to the labor insurance pension payment in 2017? In which month will the adjustment become effective?
4. I applied for the old-age pension benefit in October, 2010. An adjustment of 5.45% has been made since May 2015. Will I receive further increases in 2017?
5. As a follow-up question, I have already received an adjustment of 5.45% to my labor insurance pension payment. Will this be changed to 5.10% in 2017?
6. I started receiving the old-age pension benefit in February 2012, will I also receive an increased payment starting from May 2017?
7. If I am entitled to an adjustment of labor insurance pension payments from May 2017, when will I receive the adjusted payments?
8. Further to the previous question, why is my labor insurance pension payment amount adjusted starting from May 2017 and not from January 2017?
9. I started to receive old-age pension benefits in July 2011. The amount is NT$20,000 per month. How much will the increased amount to be received be for May 2017?
10. Further to the previous question, how do I know if my labor insurance pension payments have been adjusted and by how much? Will the Bureau of Labor Insurance notify me via written notice?
11. Since the old-age pension benefit is adjusted based on the CPI accumulated growth rate, will there be any difference between claiming the first and the second payment method?

Last Update：2021-09-23