Amendment gives foreign spouses pension coverage
January 1, 2014, 12:15 am TWN
TAIPEI -- Employers of foreign spouses of Taiwanese nationals will soon be required to contribute funds toward their pensions as part of the amended Labor Pension Act that cleared the Legislature yesterday.
The new law will apply to 31,000 foreign spouses of Taiwanese nationals, including 14,000 from China, Hong Kong and Macau, who work in Taiwan, according to Council of Labor Affairs (CLA) figures.
Employers who violate the regulations will face fines between NT$20,000 (US$669) and NT$300,000.
The Labor Pension Act requires employers to contribute at least 6 percent of an employee's monthly wage to the employee's designated account, but international employees were not previously covered by the clause.
Although the new amendment extends the requirement to foreign spouses of Taiwanese nationals, it still will not apply to foreign nationals working in Taiwan who are not married to a Taiwanese citizen.