Talent Attraction and Retention
Retirement System
To ensure employees' retirement rights and provide comprehensive retirement planning, the Company has established the Employee Retirement Regulations and the Preferential Retirement Regulations for Retirees. Employees who meet the legal retirement requirements may apply for retirement and will be awarded a certificate of appreciation and a gold medal to recognize their contributions. Retirement payments are handled in accordance with the Labor Standards Act and the Labor Pension Act, with a complete retirement preparation mechanism in place:
Old Pension Scheme:
- In accordance with the law, a reserve fund for the old pension system is established and managed in a dedicated account at the Bank of Taiwan for allocation and payment purposes.
- A monthly contribution of 2% to 15% of total employee wages is made as stipulated; the current rate is 8%.
The account balance is estimated at year-end, and if insufficient, it is replenished by the end of March of the following year.
New Pension Scheme:
- In accordance with the law, a monthly contribution of 6% is allocated to each employee's individual pension account.
- Employees may voluntarily contribute an additional 0% to 6%, which the Company will deduct and deposit into their individual accounts accordingly.