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Q：
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Can an individual still withdraw pension funds if they are over 60 years old?
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A：
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There is no age limit for labor pension contributions. As long as the labor pension regulations remain applicable, individuals over 60 years old are still eligible to withdraw their pension funds.
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Q：
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Can a company stop applying labor pension if an employee takes a month of sick leave or applies for unpaid leave?
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A：
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The company must continue labor pension contributions during sick leave if the employment relationship remains. However, if the employee is on unpaid leave, the company can stop the contributions.
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Q：
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Should the company continue employee’s pension contributions if an employee experiences an occupational accident?
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A：
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Yes, the company should continue to pay the employee’s original salary and make pension contributions, even if the employee is unable to work due to medical treatment from the occupational accident.
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Q：
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How should the pension contribution for part-time workers be declared?
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A：
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Part-time workers refer to employees who are assigned by their employer to work fixed hours (e.g., working 4 days per month). If the employee remains employed throughout the month, the employer should report the full month’s salary for pension contributions, based on the total wage income for the entire month. For example: If a part-time worker, Worker A, is scheduled to work 1 day per week and works 4 days in a month, with each day being 5 hours at a rate TWD 200/hour, the salary per day is TWD 1,000, and the total monthly salary is TWD 4,000. The employer should report the full monthly salary of TWD 4,000 for pension contribution, rounding up to TWD 4,500, which is 6% of TWD 4,500 = TWD 270. The employer should also indicate that the employee is a part-time worker.
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Q：
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How should the pension contribution for short-term workers be declared?
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A：
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Short-term workers are those who are not employed for the entire month. For pension contributions reporting, the monthly salary should be calculated by multiplying the daily salary by 30 days to convert it into a monthly salary. The pension contribution is then calculated based on the actual number of days worked.
For example: If Employee B works from September 1 to September 6, with a daily salary of TWD 1,000, the employer should report pension contributions from September 1 to September 6 and stop contributions after September 6. The monthly salary would be calculated as TWD 1,000 x 30 = TWD 30,000. The pension contribution for the 6 days worked would be calculated as follows: TWD 30,000 x 6% x (6 days ÷ 30 days) = TWD 364.
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FAQ
