Act of Military Service for Volunteer Enlisted Soldiers Article 8

The Retirement Separation Payment and the Indemnity Funds of the Volunteer Enlisted Soldiers are allocated from the Government and the Active Service personnel, that establish a foundation funds to take care of the payments, and the Government is responsible to guarantee the final payment. The standard of allocating the common funds for the retirements as stated above, can be processed in accordance with the rules stipulated in the Arm Forces Ranking Officers and Non Commissioned Officers Military Service Act and the Military Men Indemnity Act.Those Volunteers who are not qualified for a Retirement Separations payment, can apply for the refund of their payment to the foundation funds. The payment can be refunded at a time, plusing the Interest based on the Saving’s Interest Rate of the Bank of Taiwan.The number of years of the basic training period combined into the years of Active Service as regulated in Item-2 of Article-6, the Volunteers should make up the payment for the foundation funds principal and foenus together with the servicing agency in accordance with the standard stipulated in Item-2, within three months from the day they are enlisted for service.