Purpose: Those employed by institutions subject to the Labor Standards Act should not only pay attention to whether the employer has contributed labor pensions in accordance with the law, but can also proactively indicate to the employer that they are participating in voluntary contributions to pensions to enhance retirement living security.

illustrate:

1. In accordance with the provisions of Articles 6, 7, 14 and 16 of the Labor Pension Ordinance, the employer shall be employees (including native nationality, foreign spouses, spouses from mainland China, Hong Kong and Macau, and permanent residents) to whom the Labor Standards Law (hereinafter referred to as the Labor Standards Law) applies. For foreigners), from the date of joining the job to the date of resignation, a pension of no less than 6% of the monthly salary shall be paid to them on a monthly basis and deposited in a special labor pension account established by the Labor Insurance Bureau. Employees may also Within the range of 6% of their monthly salary, they can voluntarily contribute separate pensions, and they will not be included in the taxation of annual salary income. The voluntary contributions are collected by the employer and then paid to the Labor Insurance Bureau together with the main portion.

2. Please help inform graduates and current students that they should pay attention to their own pension rights when entering the workplace after graduation or engaging in summer work-study. If you are employed by an institution that is subject to the Labor Standards Law, regardless of whether you are working part-time or full-time, your employer must declare and contribute pensions in accordance with the law. At the same time, you can also voluntarily contribute your pension. If you want to participate in voluntary pension contributions, please express your intention to the employer and the employer will declare to the Labor Insurance Bureau. The employer will collect the voluntary contribution amount every month and pay it to the Labor Insurance Bureau. The voluntary contribution rate can be adjusted twice within a year , and the employer can report to the Labor Insurance Bureau to stop voluntary contributions at any time.
3. Please share a piece of cake to educate students about the benefits of participating in voluntary pension contributions, including protection retirement life, guaranteed income mechanism and tax benefits :
( 1 ) Protection of retirement life : voluntary pension contributions can establish savings habits in advance , and can accumulate more principal in the labor pension personal account to strengthen retirement life security.
( 2 ) Guaranteed return mechanism: The voluntary contribution amount can also participate in the distribution of investment returns every year. When claiming, there will be a guaranteed return that is no less than the two -year time deposit interest rate of the local bank. -( 3 ) Enjoy tax benefits: The amount of voluntary pension contributions will not be included in the taxation of salary income for the year of payment.

4. It is recommended that your school’s website add links to the National Labor Education e- Network “Video and Video Sharing/Labor Pension” ( https://labor-elearning.mol.gov.tw/co_media.php?view=1&sub_type=22 ) and this bureau The "Exchange Forum/Advocacy Area/Lazy Pack" ( https://www.bli.gov.tw/0020718.html ) page of the Global Information Network helps students better understand the relevant regulations on labor pensions.