The PFRDA will require Points of Presence (PoPs) offering NPS services to undergo audits by chartered accountants from April 1, 2026, to March 31, 2027. Audits will verify compliance with NPS rules, KYC norms, fund handling, and grievance resolution.
President Lai Ching-te announced an increase in the National Pension's basic monthly amount from NT$4,090 to NT$5,000, benefiting over 1.76 million people. This move, linked to economic growth and increased tax revenue, is part of a legislative amendment currently under review.
President Lai Ching-te announced that Taiwan's National Pension minimum monthly payout will increase from NT$4,049 to NT$5,000. The Ministry of Health and Welfare is advancing a legislative amendment, expected to benefit over 1.76 million people.
Taiwan's President Lai Ching-te announced plans to increase the National Pension's minimum benefit to NT$5,000. The Ministry of Health and Welfare is urging the Legislative Yuan to expedite the review of the proposed amendment to the National Pension Act, which also includes expanded eligibility and a 23.5% increase in benefits.
President Lai Ching-te visited a temple in Chiayi and discussed government welfare policies. He mentioned that housewives, as National Pension beneficiaries, would receive at least NT$5,000 monthly. This refers to a proposed amendment to increase the minimum National Pension benefit, currently under legislative review.
The number of couples receiving the National Pension's old-age pension together is increasing, but their average combined pension is less than half of the expected living expenses for middle-aged and elderly individuals. While the number of dual-recipient couples has doubled in six years to over 930,000, their average monthly income of 1.2 million won is insufficient for a comfortable retirement.
The National Pension Service will finalize its mid-term asset allocation plan for 2027-2031. Amidst the recent KOSPI surge, there's significant interest in how much the NPS will increase its domestic stock holdings, which have already surpassed target levels.
The Department of Expenditure has announced that NPS pensioners and family pensioners will now receive their Fixed Medical Allowance (FMA) through automatic quarterly bank transfers, removing the requirement for manual claim submissions.
