These Regulations are enacted in accordance with Paragraph 2 of Article 35 and Article 37 of the Labor Pension Act (hereinafter "the Act").

Business entities shall implement annuity insurance under the Act (hereinafter "the Insurance") in accordance with these Regulations. Matters not provided in these Regulations shall be governed by other laws and regulations.
The insurers, insurance solicitors, insurance agents and insurance brokers shall engage in and perform the Insurance business in accordance with these Regulations. Matters not provided in these Regulations shall be governed by other laws and regulations.

The competent authority of these Regulations shall be the Ministry of Labor, Executive Yuan.
The terms "insurance authority" referred to in these Regulations shall mean the competent authority provided in the Insurance Act.

The terms "insurance enterprise" referred to in these Regulations shall mean the organization engaging in personal insurance business under Paragraph 3 of Article 13 of the Insurance Act.
The terms "insurance agent," "insurance solicitor," and "insurance broker" referred to in these Regulations shall mean those provided in Article 8, Article 8-1 and Article 9 of the Insurance Act.

The principals and returns of the annuity insurance premiums paid by employers for the workers in accordance with Paragraph 1 of Article 36 of the Act shall be used for payment of labor pensions. Before fulfilling the conditions to claim payment, workers shall not apply for payment of the accumulated policy value reserve.

The rights under the annuity insurance contract shall not be assigned, attached, offset or provided as security. Neither the applicant nor the insured shall pledge the insurance contract to the insurer for a loan.

The procedures and the required documents for purchase of annuity insurance and claim for payment shall be subject to these Regulations and other provisions, if any, of the annuity insurance contract.
The annuity insurance contract shall conspicuously mark the provisions for minimum policy value reserve cumulating period, administrative fees, policy value reserve and calculation method of returns.Insurers shall issue insurance certificates to the workers, which certificates shall expressly state the procedures to lodge and handle complaints in connection with purchase of annuity insurance and insurance payment.