Taipei, Oct. 16 (CNA) Taiwan’s Ministry of Labor (MOL) has ruled that employers must begin setting aside pension funds for blue-collar foreign workers who have worked for the same employer for more than 10 years.<\/p>\n
The recently-introduced directive, due to take effect on April 1 next year, requires employers to contribute between 2 and 15 percent of workers’ wages each month to a retirement fund, the MOL said.<\/p>\n
Huang Wei-chen (\u9ec3\u7dad\u741b), director of the ministry’s Department of Employment Welfare and Retirement, said blue-collar foreign workers are covered under the old labor pension system but employers were previously exempt from making pension contributions to them.<\/p>\n
That exemption was based on earlier interpretations that viewed migrant workers — a general term used in Taiwan to refer to blue-collar laborers predominately from the Philippines, Indonesia, Thailand and Vietnam — as “supplementary labor,” since they were only allowed to stay in Taiwan for up to six years, Huang said.<\/p>\n
Huang said the ministry issued the new directive after migrant labor policies were gradually relaxed and the Long-term Retention Program for Migrant Workers was introduced, giving foreign workers more time to qualify for pensions.<\/p>\n
According to Huang, more than 7,000 companies in Taiwan employ blue-collar foreign workers, though not all have opened labor retirement reserve accounts.<\/p>\n
(By James Thompson and Wu Hsin-yun) <\/p>\n
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