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Corporate Service - Taiwan

Question

Application for Farmer Retirement Savings

Answer
Q: When can the distributed earnings from the farmer retirement savings be received?
A: Farmers may apply to the Bureau of Labor Insurance to claim the distributed earnings after reaching the age of 65.

Q: Can farmer retirement savings be claimed in advance?
A: Individuals who have a disability and have lost their ability to work may apply to claim the savings before reaching the age of 65.

Q: If I stop contributing to the farmer retirement savings after making contributions for a period, how will the savings I previously contributed be handled?
A: The funds will remain in the individual account and continue to accrue earnings, and they may be claimed after reaching the age of 65.

Q: If I do not apply for the farmer retirement savings in the month I turn 65, will mu benefits be reduced?
A: No, they will not.

Q: Before claiming the funds, will earnings continue to be allocated to the individual account?
A: Yes.

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