Act Governing Retirement of and Bereavement Compensation for Employees of Post and Telecommunications Enterprises under the MOTC Article 20

The bereaved family members of deceased retired employees of post or telecommunications enterprises who had received a monthly pension payments for less than ten (10) years shall be entitled to a monthly consolation payment. The calculation of such payment is based on the accumulated years of service at the time of retirement. For those who had served for ten full years, the amount shall be twenty percent (20%) of the one-month consolation payment; for those who had served for more than ten (10) years, an additional one point five percent (1.5%) of the one-month consolation payment shall be given per each full year. The maximum payment is sixty-five percent (65%) of the one-month consolation payment.Based on the number of years of the monthly pension received, the disbursed monthly consolation payment in the preceding Paragraph shall be reduced at a decreasing rate of ten percent (10%) per year since the end of the second year.In the event that all the surviving dependents of the deceased retired employees of post and telecommunications enterprises have no right to receive a monthly consolation payment under Article 22, or the said deceased employees had received a monthly pension for more than ten (10) years, the funeral and burial subsidies given to the surviving dependents shall be a lump-sum payment equivalent to a total of six base units, calculated based on the salary level at the time of their retirement and the provisions of Article 3.In the event that employees required to retire pursuant to Subparagraph 1, Paragraph 1 of Article 7 passed away due to aggravated injuries or illness, and received a monthly pension for less than ten (10) years, their surviving dependents are entitled to a monthly consolation payment in accordance with Paragraph 1, and shall not subject to the decreasing rate stipulated in Paragraph 2. For employees who had received a monthly pension for more than ten (10) years, their surviving dependents shall be given a lump-sum consolation payment in accordance with Item 1, Subparagraph 1 of Paragraph 1 of the preceding Article. A service period of less than ten (10) years shall be rounded up to ten (10) years.For retired employees of post and telecommunications enterprises entitled to both a lump-sum pension and a monthly pension in accordance with Article 10 who choose not to receive the lump-sum pension, and passed away after having received a monthly pension for more than ten (10) years, the surviving spouses, if over sixty-five years old and not remarried, shall be entitled to a life-long monthly consolation payment equal to one-third of the originally disbursed monthly pension. However, if the said spouses are under sixty-five years old, choose not to receive a consolation payment, or no longer have a spouse, the original lump-sum pension net of interest, and the funeral and burial subsidies, equivalent to a total of six base units pursuant to the provisions of Article 3, shall be disbursed to the employees’ surviving dependents; no monthly consolation payment shall be disbursed thereafter. In addition, for employees who chose not to receive a lump-sum pension, and passed away receiving less than ten (10) years of monthly pension payments, their surviving dependents shall be entitled to the original lump-sum pension net of interest, and the provisions of Paragraph 1 to Paragraph 4 of this Article should be followed.