Registration National Pension Benefits
Q: | Once I start receiving pension benefits, will the monthly payment amount remain fixed? |
A: |
No. Whether you are already receiving pension benefits or are a new applicant, the amount of your monthly pension payment may change. Adjustments can occur due to changes in the beneficiary’s personal circumstances, as well as revisions to the basic guaranteed amount or the monthly salary insured. |
Q: | Do I need to declare my personal comprehensive income tax when receiving various benefits from the National Pension? |
A: |
There is no need to declare individual comprehensive income tax for various benefits paid out by the National Pension. |
Q: | What should I do if my National Pension payments may be subject to garnishment due to debt issues? |
A: |
If a recipient of National Pension benefits is at risk of having their payments garnished due to debt, they may apply to the Bureau of Labor Insurance for the establishment of the dedicated National Pension account. Funds deposited into this designated account are protected by law and cannot be used for offsetting debts, garnishment, collateral, or compulsory enforcement. |
Q: | I have outstanding National Pension insurance premiums. Can I still claim pension benefits? |
A: |
If you meet the eligibility requirements for National Pension benefits but have unpaid insurance premiums, you must settle all outstanding payments before you can claim the benefits, in accordance with relevant regulations. |
Q: | Will the amount of pension benefits vary depending on the length of the unpaid premium period? |
A: |
Yes. If the unpaid premium period exceeds 10 years, it cannot be retroactively paid and will not be counted toward the insured period. This may affect your entitlement to related benefits. |