Labor Pension Act Article 53

When an employer is in violation of Paragraph 1 of Article 14, Paragraph 1 of Article 19, or Paragraph 2 of Article 20, and thereby fails to contribute within the allotted time or fail to contribute the full amount of funds for labor pension, the employer shall be required to pay a late payment charge at three percent of the amount of the stipulated contribution, compounded on a daily basis beginning from the day following the date of expiration of the originally designated time period, and lasting until the day preceding the settlement date; however, the amount of such a fee shall not exceed the amount of the original stipulated contribution.When an employer fails to contribute to the labor pension accounts referred to in the preceding paragraph, if the employer have been notified by the Bureau of Labor Insurance to contribute within a given period but fail to do so by the end of the designated period, the employer shall be referred to the Administrative Enforcement Agency for compulsory execution in accordance with related statutes. If the employer refuses to comply, they may apply for administrative remedy in accordance with related statutes.When an employer is in violation of Article 36 and Article 39, and fail to contribute within the allotted time or contribute the full amount of a stipulated premium, the employer shall be fined an amount equal to the amount of said premium and fined consecutively on a monthly basis until the date the contribution is correctly settled.Paragraphs 1 and 2 shall become effective retroactively on July 1, 2005.