Newsletter
AMENDMENTS DRAFTED FOR LABOR INSURANCE ACT
An inter-agency meeting of the Executive Yuan on 23 July 1999 considered the draft amendment to the Labor Insurance Act. The scope of compulsory participation in the program would be expanded to include enterprises with four or fewer workers. Conditions would also be relaxed for receiving old-age benefits to include workers who have been insured for at least 25 years and are at least 50 years old at the time of retirement. The proposed amendment would also increase the burial subsidy from five months to ten months' payment units, pay the forty-month death benefits in one lump sum for those having insurance coverage for at least three years, and increase benefits for death from occupational injury from 40 months to 45 months' payment units.