Employee Benefits in Taiwan, 2022 Update – Key Regulations, Statutory Public and Private Benefits, and Industry Analysis

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The Taiwanese social security system ensures that it meets all the social requirements of the country’s employees that are engaged in trade and commerce or are employees of private and public sector companies. Persons working in mines and plantations, fishermen, and some self-employed persons are also protected through social security. Under the labor insurance program, self-employed people who are not covered through an occupational union, and people who are involuntarily unemployed with a minimum of 15 years’ coverage may take voluntary insurance. Social insurance includes national pension insurance and universal health insurance, which is supervised by the Ministry of Health and Welfare. Taiwanese government makes sure that the Taiwan Labor Standard Law (TLSL) and Labor Pension Act (LPA) protect the rights of citizens. The pension policy, which was implemented in 2008, has led to wider coverage of the population and increased efficiency.

The Taiwan Employee Benefits research report provides an in-depth industry analysis, information, and insights of the employee benefits in Taiwan, including an overview of the state and compulsory benefits in Taiwan, detailed information about the private benefits in Taiwan, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Taiwan.

Key State and Compulsory Benefits in the Taiwan Employee Benefits Market

The main state and compulsory benefits offered in Taiwan include retirement, death, long-term disability, sickness, medical, workmen’s compensation, unemployment, and maternity benefits.

Retirement Benefits

Retirement benefits ensure that employees receive an assured level of financial protection after their retirement. Taiwan’s social insurance scheme provides a pension to insured persons. The country’s social security system has three programs under which retirement benefits are provided to people based on their categories. The programs are the labor insurance program, the labor pension fund, and the national pension program.

Death in Service Benefits

The death in service scheme ensures that a deceased employee’s surviving dependents receive an assured level of financial protection. It is categorized under the social insurance scheme. Death benefits are paid in the form of survivor pension, survivor allowance, and funeral grants under the labor insurance program, while survivor benefit is paid under the national pension.

Long-Term Disability Benefits

Long-term disability benefit is a compulsory social insurance scheme that is provided in various forms, such as disability pension, partial disability pension, disability grant, and constant-attendance supplement. In Taiwan, a private company with more than 67 employees must hire at least one disabled employee, while a large company must hire a disabled employee. Disability pension is covered under two main programs which are the labor insurance program and the national pension program.

Key Private Benefits in the Taiwan Employee Benefits Market

The key private benefits offered by the employers of Taiwan are retirement benefits, medical benefits, death benefits, disability benefits, and accidental death and dismemberment benefits.

Retirement Benefits

In Taiwan, employers provide supplementary retirement benefits to their employees through group annuity insurance plans. The overall index value of the Taiwanese pension system can be increased by increasing the minimum support level for means-tested individuals and by ensuring the members that the private pension plan benefits are preserved until the standard retirement age. Increasing the participation of older individuals in the labor force is one of the factors to improve the pension system as life expectancy rises.

Medical Benefits

In Taiwan, most employers provide supplementary medical benefits to employees by subscribing to group health insurance plans. A few employers offer group critical illness insurance plans that cover serious illness, along with death and disability benefits.

Accidental Death and Dismemberment Benefits

In Taiwan, employers provide accidental death and dismemberment benefits to their employees through group accident insurance plans. Additionally, employers’ liability insurance plans provide accidental death and dismemberment benefits. There are specific employers’ liability insurance plans for executives and non-executives. Furthermore, the employers also provide business travel group injury insurance.

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Market Report Overview

Key State and Compulsory Benefits Retirement Benefits, Death in Service, Long-Term Disability Benefits, Short-Term Sickness Benefits, Medical Benefits, Workers’ Compensation Insurance, Maternity and Paternity Benefits, and Other Benefits
Key Private Benefits Retirement Benefits, Disability Benefits, Death Benefits, Medical Benefits, and Accidental Death and Dismemberment Benefits


This report provides

  • A detailed analysis of employee benefits in Taiwan.
  • A detailed analysis of the key government-sponsored employee benefits, along with private benefits.
  • An exhaustive list of employee benefits, including retirement benefits, death in service, long-term disability benefits, medical benefits, workmen’s compensation insurance, maternity and paternity benefits, family benefits, unemployment, social inclusion program, leaves and holidays, and private benefits.
  • Highlights of the economic and regulatory situations relating to employee benefits in Taiwan.

Reasons to Buy

  • Make strategic decisions using in-depth information related to employee benefits in the country.
  • Assess employee benefits of the market, including state and compulsory benefits and private benefits.
  • Gain insights into the key employee benefit schemes offered by private employers in the country.
  • Gain insights into key organizations governing the employee benefits market, and their impact on companies.

Table of Contents

Table of Contents

1. Executive Summary

2. Introduction

2.1 What is this Report about?

2.2 Definitions

3. Country Statistics

4. Overview of Employee Benefits Taiwan

5. Regulations

6. State and Compulsory Benefits

6.1 Retirement Benefits

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.2 Death in Service

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.3 Long-Term Disability Benefits

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.4 Short-Term Sickness Benefits

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.5 Medical Benefits

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.6 Workers’ Compensation insurance

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.7 Maternity and Paternity Benefits

– Introduction

– Eligibility

– Benefits

– Payment options

– Contribution

6.8 Other Benefits

– Unemployment benefits

– Leaves and Holidays

7. Private Benefits

7.1 Retirement Benefits

7.2 Death Benefits

7.3 Disability Benefits

7.4 Medical Benefits

7.5 Accidental and Dismemberment Benefits

7.6 Other Benefits

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List of Tables

Table 1: Taiwan – Occupational Accident and Injury Benefits, 2022

Table 2: Insurance Industry Definitions

Table 3: Taiwan – Country Statistics, 2020

Table 4: Taiwan – Occupational Accident and Injury Benefits, 2022

Table 5: Taiwan – Notice Period, 2022

Table 6: Taiwan – Fixed National and Public Holidays 2022


List of Figures

Figure 1: Taiwan – Main Institutions of Social Security System

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