Taiwan Labor Funds Earned an Estimated NT$560 Billion in the First Five Months, Labor Insurance Fund Size Surged to NT$1.7 Trillion

Reported 12 months ago

Recent strong performance in the Taiwan stock market has led to impressive results for labor funds. The Ministry of Labor's Bureau of Labor Funds is expected to announce the latest performance until the end of May 2024, with estimated earnings of around NT$560 billion in the first five months of the year. The Labor Insurance Fund, crucial for retirement security, reached NT$980.97 billion by the end of April, and with government funding and May's earnings, it is projected to reach NT$1.7 trillion. Expectations are also high for the New Labor Pension Fund, with estimated earnings surpassing NT$370 billion by the end of May, indicating significant growth in fund sizes and performance.

Source: YAHOO

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