taiguy wrote:It seems the LSL was designed to base one's pension on one's highest salary, since one's salary usually increases over time, and one's ending salary would therefore generally be one's highest.
Once the amendment to the Labor Pension Act is implemented on Jan. 1 next year, foreign and mainland Chinese spouses of Taiwanese nationals, including non-citizens, will become eligible for voluntary contributions to retirement pension funds. Employers covered by this program are required to allocate 6 percent of their employees’ salaries toward retirement pension funds. These workers can also contribute an additional 6 percent of their salaries for their pension fund. If the marriage between a Taiwanese national and a foreign national should terminate, the latter will still be covered under the Labor Pension Act as long as he or she is employed within Taiwan. The act stipulates that, if an employer should fail to abide by the requirement by either reporting an erroneous amount or not reporting at all, the Cabinet-level Council of Labor Affairs (CLA) will make the necessary adjustments. The CLA proposed the amendment in August 2009, four years after the Labor Pension Act was implemented.
snowy wrote:...foreign spouse are eligible to join the new labour pension scheme effective from 1 Jan 2012...
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