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Corporate Service - Taiwan

Question

Suspend Farmer Retirement Savings Contributions

Answer
Q: After stopping farmer pension savings contributions, can I apply for back payments?
A: No.

Q: Can the farmer pension savings contribution rate be adjusted?
A: Yes. You can apply to adjust it in May and November each year.

Q: When does the new contribution rate take effect?
A: The contribution amount is adjusted starting the month after the application.

Q: Can I apply to stop farmer pension savings contributions?
A: Yes. Contributions are voluntary, so you may apply to stop them at any time.

Q: Where are my farmer pension savings kept?
A: They are stored in a personal account set up by the Labor Insurance Bureau.

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