Newsletter
VOLUNTARY RETIREMENT AT 60 PROPOSED
In May 2008 the Legislative Yuan enacted amendments to the Labor Standards Act to raise the man-datory retirement age for employed people from 60 to 65 years. Now the Council of Labor Affairs (CLA) plans to introduce new amendments to allow a worker to request voluntary retirement at age 60. But this would apply only to workers who have been employed at the same company for a certain pe-riod of years. The CLA initially plans to set the "certain period of years" at 10 years, and will in the near future consult with legislators to confirm the orientation of the new legislation.