Public Service

Combined Calculation of Labor Insurance Old-Age Benefits and Labor Pension Monthly Pension Payments

Old-Age Pension Benefits

Year of birth：

Estimated claiming age

Age at the time of application (Years)：

Months：

Average monthly insured salary in the most current 3 years from the month of retirement (including the month)：

Average monthly insurance salary of the 60 months with the highest salary levels during the coverage duration：

Insurance coverage seniority

Insurance coverage seniority before 60 years old：

Year(s)：

Month(s)：

Insurance coverage seniority after 60 years old：

Year(s)：

Month(s)：

Insurance coverage seniority：

Year(s)：

Month(s)：

Trail Calculation of Labor Pension Monthly Pension Payments

Estimated accumulated principal and total income of individual account：

Estimator Clear all

The trial of result

Old-Age Pension Benefits

Available received one-time old-age benefits(NTD)：

(Only insured persons who had insurance coverage before January 1, 2009 are eligible to claim a one-time old-age benefit)

Availabe Old-Age Pension Benefits(Please refer to the following two formulas, whichever is preferable)

The first formula to calculate the amount (NTD)：

The second formula calculates the amount (NTD)：

Trail Calculation of Labor Pension Monthly Pension Payments

Estimated age of application：

Average life expectancy：

Monthly pension payments (NTD)：

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

The calculations on this page are based on the information you enter above. If you wish to calculate based on the data in the BLI's database, you can use mobile phone authentication, Citizen Digital Certificate, Virtual Labor Insurance Certificate, TW FidO, or Financial CA ID Card to log into the BLI's e-Service System. You can then calculate the “Labor Insurance Old-Age Benefits Amount” based on the data in the database at the time of calculation. If you are 60 years old or above, you can also calculate the “Labor Pension Individual Account Payment Amount”.
If you want to plan ahead for your future retirement financial needs, you can use the Online Pension Calculator for the Individual Laborer (Ministry of Labor) to enter your salary, estimated investment return rate, salary growth rate, contribution rate, years of service, and other criteria for calculation.

Explanation of Old-Age Benefits of Labor Insurance:

Please click here for the qualification on Old-Age Benefits of Labor Insurance.
Detailed Explanation of Payment Standards：
One-Time Old-Age Benefits:Insurance coverage years × Number of payment months.
Old-Age Pension Benefits:
Formula 1：(Insurance coverage years × average monthly insurance salarys × 0.775% + NT$3,000) x (1 + increased proportion or 1 - reduced proportion)
Formula 2：(Insurance coverage years × average monthly insurance salarys × 1.55%) x (1 + increased proportion or 1 - reduced proportion)
1. ※　The average monthly insurance salary: The average monthly insurance salary in One-Time Old-Age Benefits is calculated by dividing the insured persons' total monthly insurance salaries for the first 3 years from the month of retirement (including the month) by 36. The average monthly insurance salary in Old-Age Pension Benefits is calculated by dividing the insured persons' the highest 60 months of insurance salary during the insurance coverage years by 60.
2. ※　Number of payment months of One-Time Old-Age Benefits: For every one year of insurance coverage seniority, 1 month of average monthly insured salary would be issued; should the total insurance coverage seniority is more than 15 years, for the part which is more than 15 years, 2 months of average monthly insurance would be issued for every one extra year of insurance coverage seniority, and the highest limit is 45 months.If the insured person is more than 60 years old and continue to work, the maximum years of insurance after the age of 60 shall be 5 years. The highest limit is 50 months if combining the one-time old-age benefits before and after 60 years old.
3. ※　Postponed Old-Age Benefits: If the insured person has met the qualification for old-age pension benefits, and decides to claim at a later time, the amount of the benefit will be increased by 4% when the claim is delayed by 1 year, with the maximum increase being 20%.
4. ※　Advanced Old-Age Benefits: If the insured person's insurance coverage seniority is more than 15 years, who doesn’t reach the claiming age for old-age pension benefits, could claim for old-age pension benefits within 5 years in advance. The amout of the benefit will be reduced by 4% when the claim is advanced by 1 year.

Explanation of Labor Pension Monthly Pension Payments:

Employees who are 60 years of age or older and have worked for more than 15 years may choose to receive a monthly retirement pension. Employees under 60 years of age, who have worked for more than 15 years and meet the criteria for loss of working capacity as defined in Article 24-2 of the Labor Retirement Pension Act may choose to receive a monthly retirement pension in advance. The employee may choose the number of years over which he or she wishes to receive the pension.
The monthly retirement pension is calculated based on the principal and accumulated investment earnings in the individual's special account, according to the annuity life table, average life expectancy, and the interest rate (currently 1.1473%). The pension is paid on a quarterly basis until the end of the average remaining life expectancy. The aforementioned average remaining life expectancy, interest rate, and amount shall be reviewed and adjusted at least once every 3 years. For those who are already receiving a monthly retirement pension, their annuity life table and average remaining life expectancy shall remain unchanged, but the monthly retirement pension amount shall be recalculated based on the "adjusted interest rate," the balance in the special account (after deducting the amounts already received and adding investment earning accrued during the period)," and the "average remaining life expectancy."
The above calculation result represents the monthly retirement pension amount payable during the initial payment period and is for reference only. The actual amount payable shall be subject to the amount approved by this Bureau at the time of application. Any funds remaining in the special account that have not yet been paid out will continue to be invested through the pension fund, with investment earnings allocated accordingly. Based on the fund's stable long-term investment returns, the monthly retirement pension amount payable after subsequent recalculations is expected to show an upward trend.

Last Update：2026-08-07