China News Agency, Taipei, February 15th The Bureau of Labor Insurance, the labor affairs department of the TV station, released the latest data on the 15th. In 2022, Taiwan's labor insurance revenue and expenditure will be short of 38.611 billion yuan (NT$, the same below), which is the sixth consecutive year that it cannot make ends meet.

  According to comprehensive reports from Taiwan media such as Lianhe News and Zhongshi News, due to the aging population structure and declining birthrate, the number of claimants for labor insurance pensions in Taiwan has increased rapidly. After that, the annual shortfall was 25.294 billion yuan, 22.813 billion yuan, 48.693 billion yuan and 28.809 billion yuan.

  The data shows that in 2022, the number of claimants for Taiwan's labor insurance old-age pension will be about 1.598 million, the general accident insurance income of labor insurance will be 442.806 billion yuan, the payment will be 481.417 billion yuan, and the revenue and expenditure deficit will reach 38.611 billion yuan.

  According to reports, although the latest labor insurance actuarial report postponed the exhaustion period of the labor insurance fund to 2028, which is 2 years later than the previous report, the improvement of the fund balance is due to the maintenance of the fund's investment returns in recent years. The Taiwan authorities will also allocate subsidies every year starting from 2020, and as of last year, they have allocated 72 billion yuan in subsidies.

But last year, the global stock market was turbulent, and the labor insurance fund suffered a loss of 58.9 billion yuan. In 2022, the size of the labor insurance fund will also shrink accordingly.

  Recently, there have been constant calls for Taiwan to restart labor insurance pension reform.

On the 14th, Lai Xiangling, a public opinion representative from the People's Party, together with experts, scholars and labor representatives, called on the Taiwan authorities to face up to labor insurance reform.

Lai Xiangling pointed out that according to the latest actuarial report, the balance of the labor insurance fund will bottom out within five years. If the investment losses in 2022 are included, the labor insurance financial crisis may occur earlier.

  Qiu Yigan, chairman of the Taipei Federation of Industry and Commerce, and Zhou Yuxuan, deputy secretary general of the Taiwan Federation of Financial Industry Trade Unions, respectively said that the labor insurance annuity broke out in 2012 when doubts about bankruptcy broke out, and the annual supplement of tens of billions is a drop in the bucket after all.

The fundamental solution is to put forward a labor insurance reform plan. It is disappointing that the authorities are unwilling to actively promote the discussion of relevant reforms only for votes.

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