Public Service

Calculation of Labor Pension Monthly Pension Payments

Estimated accumulated principal and total income of individual account：

Estimated claiming age：

Estimator

Estimated age of application：

Average life expectancy：

Interest rate：

Monthly pension payments (NTD)：

Monthly pension amount paid on a quarterly basis (NTD)：

A worker aged 60 or older and whose seniority exceed fifteen years may choose to receive monthly pension payments, or a worker who is under 60 and whose seniority exceed fifteen years in accordance with article 24-2 of the Labor Pension Act, and choose to receive monthly pension payments ahead of schedule, the worker is to determine the number of years for which they are eligible to claim a pension.
The calculation of average life expectancy, interest rate and amount is based on the data prepared by the Bureau of Labor Insurance and submitted to the Ministry of Labor for approval and announcement, and is reviewed and adjusted at least once every 3 years.
The calculation result is for reference only, the actual amount received is still subject to the approval of the BLI.

Last Update：2024-05-02