Labour funds make gains

01 September, 2021

Courtesy of ICRT


Taiwan's labour funds had made good gains totalling NT$322 billion as of the end of July this year, putting the overall rate of return at 7%.


According to labour fund officials, the overall assets under management in July included NT$3 trillion and NT$3.3 billion in the Labour Pension Fund, NT$941 billion in the Labour Retirement Fund, and NT$845 billion in the Labour Insurance Fund.


Officials say the average rate of return for those three funds stood at 7.5% in July on the back of fast economic recovery in the US and the EU.


Labour funds officials remain optimistic about future returns as more vaccines are administered around the world.

Go Top