• Last updated:2024-10-22

Retirement conditions and retirement pension standards

1. Voluntary retirement
A worker may apply for voluntary retirement under either of the following conditions:
(1) Where the worker attains the age of fifty-five and has worked for fifteen years.
(2) Where the worker has worked for more than twenty-five years.
(3) Where the worker attains the age of sixty and has worked for ten years.

2. Mandatory retirement
An employer shall not force a worker to retire unless any of the following situations has occurred:
(1) Where the worker attains the age of sixty-five.
(2) Where the worker is unable to perform his/ her duties due to disability.

The retirement age specified in item 1 of the preceding paragraph may be postponed through mutual agreement between the employer and the worker. A business entity may request the central competent authority to adjust the retirement age prescribed in item 1 of the preceding paragraph if the specific job entails risk, requires substantial physical strength, or is otherwise of a special nature; provided, however, that the retirement age shall not be reduced below fifty-five..

• Source:Department of Employment Welfare and Retirement
• Publication Date:2015-04-20
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