Labor funds record 7.35% return in 2020

Taipei,  A group of labor funds managed by the Bureau of Labor Funds recorded a return of 7.35 percent last year, the bureau said Friday.

The funds, totaling NT$4.57 trillion (US$163.11 billion), yielded NT$316.44 billion in 2020, according to the bureau.

The labor pension fund, in particular, posted a profit of NT$178.18 billion, the bureau said.

The bureau, which is under the Ministry of Labor, is responsible for the overall planning and utilization of various labor funds, including the labor pension fund, the labor retirement fund, the labor insurance fund, the employment insurance fund, the arrears wage payment fund and the occupational incidents protection fund.


Source: Focus Taiwan News Channel

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