With the minimum wage hike going into effect in January, the Ministry of Labor yesterday said that workers in the absolute minimum wage bracket would see a NT$23 increase in monthly labor insurance premiums.
To reduce administrative burdens and uphold workers rights, the ministry is raising the monthly insurance salary for full-time insured workers whose monthly wages fall in the NT$28,590 to NT$28,800 brackets to NT$29,500 starting next year, the new minimum wage standard from the beginning of the year, it said.
Part-time workers whose wages fall in the NT$28,800 bracket, physically and mentally challenged individuals under sheltered employment, low-income members of vocational unions, or insured personnel trained by vocational training facilities, would have their monthly insurance salary set at NT$29,500 next year, it said.
Photo: Reuters
The starting month’s wage for Grade 1 of the Pay Grade Reference Chart for Laborer Insurance (勞工保險投保薪資分級表) and the Pay Grade Reference Chart for Occupational Hazard Insurance (勞工職業災害保險投保薪資分級表) would be hiked to NT$29,500, up from NT$28,590, while Grade 2 has been removed, Bureau of Labor Insurance Director-General Wu Yi-ting (吳依婷) said.
The sums for all other grades have not been changed, she said.
Item 2 of the Paygrade Reference Chart for Laborer Insurance states that those trained at the listed facilities would have a monthly insurance salary of NT$28,590.
Grade 25 of the Paygrade Reference Chart for Laborers’ Pension Premiums (勞工退休金月提繳分級表) would be hiked to NT$29,500, up from NT$28,800, while the pay floor for Grade 26 has been adjusted lower, Wu said, adding that no other grades are affected.
Workers whose premiums have been adjusted would be listed on next year’s labor retirement pension list, and the new premiums notices would be sent by Feb 25 next year.
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