Executive Yuan proposes raising National Pension guaranteeBy Chung Li-hua and Fion Khan / Staff reporter, with staff writer and CNAThe Executive Yuan yesterday proposed amendments to the National Pension Act (國民年金法), with the government expecting to invest about NT$86 billion (US$2.72 billion) annually and an estimated 1.76 million people set to benefit. The draft changes aim to raise benefit levels, ease means-testing thresholds and introduce a mechanism to adjust payments in line with price changes, the Cabinet told a news conference in Taipei. Asked whether the changes would help boost participation in the national pension program, Deputy Minister of Health and Welfare Chuang Jen-hsiang (莊人祥) said he hoped they would lead to higher contribution rates. The cumulative contribution rate for the national pension is about 60 percent, rising to about 90 percent among those aged 65 or older, he said. The national pension is designed to allow people to continue accumulating contribution while transitioning between jobs, enabling them to receive higher retirement benefits while being covered by labor insurance during their working years, he said.

Source: Taipei Times January 22, 2026 16:15 UTC