Abstract

This research analyzes the social security agreements negotiated by other countries, and evaluates the feasibility of negotiating such agreement with respect to the Labor Insurance in Taiwan. In consideration of administrative and political factors, some prerequisites have to be achieved to realize such feasibility. Due to imminent demand to negotiate such agreement, some suggestions are provided. 1) Short-term strategies: Plan to analyze the impacts of double insurance exemption on stakeholders. 2) Medium-term strategies: implement ameliorated Labor Insurance statistics, try to complete the negotiation of social security agreements of double insurance exemption. 3) Long-term strategies: Plan to apply totalization mechanism among various social insurances.

Highlights

  • The social security insurance of the migrant labor received the attention very early

  • The social insurance tenure of the working country for overseas employment could not be calculated as the tenure of Labor Insurance in Taiwan at present

  • In the aspect of purchasing the Taiwan Labor Insurance for the overseas employment, the insured could absolutely keep the Labor Insurance if he/she maintains the employment relation with the Taiwan parent company while assigned to other countries for inspection, studying or service; the person working in the overseas company and drawing salary form the overseas company, with no more employment relation to the Taiwan parent company, shall not keep the Labor Insurance in the parent company

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Summary

Introduction

The social security insurance of the migrant labor received the attention very early. If the Taiwan labor with overseas employment could not maintain the Labor Insurance, the old-age benefit tenure and corresponding payment would be low; and if the Taiwan labor with overseas employment does not purchase the social insurance in neither Taiwan nor the working country, their old-age benefit tenure and corresponding payment would be lower; these would cause the problem of insufficient social security For another aspect, for the Taiwan labor able to purchase the social insurance for overseas employment, there may be the conditions as not acquiring the reasonable old-age benefit for insufficient tenure, or the social insurance payment of other countries inferior to Taiwan. If Taiwan negotiating to sign the Social Security Agreement is feasible, the agreement would involve in the insurance premium ratio, insured object, payment condition, standard, financial transaction, and fund operation of different social insurance systems, the principle of equality of the insured, and the tenure adoption, etc., so what items of the agreement content shall be considered?

Social Security Agreement
Countries Social Security Agreements
Taiwan’s Social Security for Foreign Laborers and Laborers Moved Overseas
Consideration Factors for Taiwan to Negotiate Social Security Agreement
Findings
Strategies for Taiwan in Negotiating Social Security Agreement
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