Reported 8 months ago
The Ministry of Labor in Taiwan announced its commitment to maintaining investments in the Labor Insurance Fund to ensure steady growth, as the fund reached a record milestone of over NT$1 trillion. Boosted by significant government contributions, including NT$130 billion this year, the fund's balance has risen from NT$753.4 billion in 2022 to NT$981 billion by April, reaching over NT$1 trillion recently. While some experts express concerns about the fund's sustainability, the government plans to allocate no less than NT$120 billion next year to ensure ongoing stability.
Source: YAHOO