Moderator: Tempo Gain
bob_honest wrote:Late response: Well, I am in the labor law old age insurance system, which was available for a long time for foreigners. However what you talk about seems to be the "other" old age insurance which is called National Pension. This is open since 2013 for foreigners married to Taiwan citizens.
According to the English labor law pages like this one (http://www.bli.gov.tw/en/sub.aspx?a=n9N84vZDrjw%3D) a one-time payment applies if the insured person (labor law!) has less than 15 years contribution to labor law old age insurance. After that a monthly payment would be given.
However there is a German Facebook group where someone however having the public-service (gov clerk) old age insurance and being German does NOT get the monthly old age payment even though he would be eligible for it. Simply because he is a bign... I mean ... not a Taiwan citizen.
This leads to the conclusion this open breaking of their own laws might also occur for the labor law insurance - as it usually offers less benefits than the public service insurance.
Looks like Taiwan will cheat foreigners eligible for labor law old age insurance into a one - time payment which is much less. Difference can be 96 Euro monthly versus 288 Euro monthly (assuming the foreigner lives til his 80th birthday and then calculating the one-time payment monthly; counting 15 years contribution).
Reference (German FB group):https://www.facebook.com/groups/287698284706718/642737999202743/?comment_id=643151929161350¬if_t=like
bob_honest wrote:Yes, the Public service pension is governed by a different law and there is no English info to be found or hardly anything meaningful. At least I failed last time I googled. Yet in the German discussion group the logic was like this:
a) Public service pension coverage is stronger than general labor law pension coverage.
b) They kick out foreigners out of the monthly payment.
Conclusion (not valid in a strict sense): The weaker labor law pension administration will kick out foreigners as well.
Not sure, but it seems likely, doesn't it?
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