Chapter IV Insurance Benefit Payments
Section 6 Old-age Benefits
The term “joining insurance program in the same insured units” referred to in Subparagraph 3 of Paragraph 2 of Article 58 of the Act means any one of the following situations:
1.The insured persons join insurance coverage with their affiliated employers, institutions or groups.
2.The insured persons join insurance coverage with the employers, institutions or groups before and after they are merged, divided, transferred or reorganized in accordance with related statutes and administrative regulations.
3.The insured persons join insurance coverage with the employers, institutions or groups that are transferred from public enterprises to private enterprises in accordance with the Act Governing the Conversion of State Owned Enterprises into Private Enterprises .
When apply for the payments of old-age benefits in accordance with Article 58 of the Act, the following documents must be prepared:
1.Application forms for old-age benefit payments and Receipt of benefit payments.
2.For those persons qualified under Subparagraph 5 of Paragraph 2 or Paragraph 7 of Article 58 of the Act, related certificates of employment shall also be submitted.
Insured individuals who are not registered to households in Taiwan must submit proof of identity, residence, or other related documentation authenticated by agencies as listed in Paragraph 1, Article 54, in addition to the above forms and documentation.
For those who apply for deferred old-age pension payment according to Paragraph 1 of Article 58-2 to the Act , the deferred period is counted starting from the next month after the insured person qualified for old-age pension payment to the month the insured person applies for deferred old-age pension payment.
For those who apply for early old-age pension with deduction according to Paragraph 2 of Article 58-2 to the Act , the early application period is counted from the month the application is filed to one month before the insured person qualified for old-age pension.
If the period mentioned in previous two paragraphs is less than one year, the actually months will be used and calculated proportionately and Article 45 shall be resorted.