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Corporate Service - Taiwan

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Farmers Pension Savings Claim for a Minor

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Q: If a farmer passes away before fully withdrawing their farmer retirement savings, can a minor heir claim the remaining funds?
A: Yes.

Q: What is the procedure for a minor heir to claim the funds?
A: The legal representative must sign/ seal the application form and submit it, along with documents proving the familial relationship, to the Bureau of Labor Insurance.

Q: Can labor pension and farmer retirement savings be claimed at the same time?
A: Yes.

Q: When are farmer retirement savings paid out?
A: After the application is approved, the Bureau of Labor Insurance will issue the payment by the end of the month following the month in which the application is received.

Q: Is there a means test for farmer retirement savings?
A: No.

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