Prepared by A-J | Author brand: 盡職生活｜阿J的普通人理財筆記
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-16 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-16 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
First distinction: Labor Insurance old-age benefits, old-system Labor Pension, and the new-system individual account are different systems with different rules.
The common confusion: Labor Insurance is not Labor Pension
Labor Insurance is social insurance under the Labor Insurance Act, while Labor Pension is an employer-funded retirement system. The old/new distinction applies to Labor Pension.
Labor Insurance added pension payments in 2009
The 2009 reform added monthly old-age pension benefits alongside earlier lump-sum arrangements. That is a change in benefit design, not Labor Pension's old/new system.
Pre-2009 coverage can matter
Workers who had Labor Insurance before January 1, 2009 and meet the applicable conditions may retain a choice between certain lump-sum and monthly benefit options.
Retirement planning usually needs two calculations
Most employees should separately review Labor Insurance old-age benefits and Labor Pension because their service rules, formulas, and claim conditions differ.
Primary / official sources
Applicable rules can depend on employment date, worker status, same-employer service, and historical elections. Use official determinations for individual disputes.