Reported 12 months ago
In Taipei, on June 29, 2024, at 6:48 PM, employees anticipate higher returns from the old system retirement fund compared to the new one. The old system retirement fund, managed by the Labor Pension Fund Operating Bureau on behalf of employers, has yielded 14.82% in 2023, higher than the 12.6% from the new system, resulting in more significant profits for enterprises. As of the end of April 2024, the old system retirement fund had a size of NT$1.4093 trillion with returns of NT$75.58 billion and a yield of 8.82%. Unlike worker benefits distributed in March, enterprise benefits are divided in January and within three months, with accumulated surplus held for potential negative returns to ensure retirement payments for employees.
Source: YAHOO