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.
Age 60 is the general starting point
A worker under the new system can generally claim the individual account at age 60 whether or not still employed.
15 or more contribution years allows a choice
With at least 15 years of actual contributions, the worker may generally choose a monthly pension or a lump-sum retirement payment.
Under 15 years generally means lump sum
Contribution periods under 15 years generally lead to a lump-sum payment; contribution months across jobs are combined.
The monthly pension is not Labor Insurance old-age pension
New Labor Pension monthly payments are calculated from the individual account balance using actuarial factors, not the Labor Insurance pension formula.
Primary / official sources
Applicable rules can depend on employment date, worker status, same-employer service, and historical elections. Use official determinations for individual disputes.