D&I policies and Retirement
D&I policies and Retirement
Retirement System
In order to help our employees with their pension payments and other related matters, Sinyi has established the Sinyi Realty Retirement Pension Guidelines, which apply to all employees hired and paid by the company. When eligible, employees can apply for voluntary or compulsory retirement from the company. Pension payment standards are set in accordance with the guidelines set out in the Labor Standards Act and the Labor Pension Act.
In line with the Labor Standards Act, the company has set up a Labor Pension Fund Supervisory Committee to manage reserves set aside for pension payments, and in accordance with the Labor Pension Act, such funds are to be paid out monthly.
Labor Standards Act Retirement System
Labor Pension Act
Guidelines for Reemployment of Retired Employees
Each month, in accordance with workers’ total wages, a suitable amount is paid into retirement reserves via Corporate Pension Fund Accounts set up with the Bank of Taiwan.
For more information: See section 5-33 of the 2022 Sinyi Realty Annual ReportEach month, the company pays 6% of each individual’s wage into individual pension accounts set up by the Bureau of Labor Insurance. Those who wish to voluntarily pay into their pension accounts can also have a specified amount deducted each month from their pay and paid into their individual pension account with the Bureau of Labor Insurance.
The company has also formulated Guidelines for Reemployment of Retired Employees, aimed at providing assistance to retired colleagues who wish to continue making use of their professional knowledge and skills to help the organization develop. Any of those who are eligible and wish to continue their service may apply.