Taipei Times
Date: Jan 24, 2019
By: Lee I-chia  /  Staff reporter

More than 1 million people have failed to pay the first installment of their National Pension Insurance premiums from October and November 2008, the Ministry of Health and Welfare said yesterday, adding that the final deadline for payment is Thursday next week.

The social insurance mechanism was launched on Oct. 1, 2008 and Taiwanese aged 25 to 65 with household registration in Taiwan are eligible for insurance during the periods they are not covered by the Labor Insurance Fund, farmer’s health insurance, government employee’s insurance or military personnel insurance.

The program offers three types of annuity payments — an old-age pension, a disability pension and a survivors’ pension — as well as maternity and funeral benefits.

About 4.22 million people have been insured by the program since its launch, Department of Social Insurance Director Shang Tung-fu (商東福) said.    [FULL STORY]