Regulations for the Implementation of Annuity Insurance under the Labor Pension Act Article 67

Where the policy value reserve is transferred to a new insurer or to the individual pension fund account in accordance with Article 17, Paragraph 2 of Article 18, Paragraph 3 of Article 19, Article 39 or Paragraph 1 of Article 65, the insurer shall complete the transfer procedures within 30 days from the date of receipt of the application or designation.When transferring the policy value reserve referred to in the preceding Paragraph, the insurer shall transfer the full amount.The calculation period for the policy value reserve referred to in Paragraph 1 shall be the period in which the premium is accumulated. Except the distributed returns, the undistributed returns shall be calculated up to the day immediately before the transfer based on the criteria for distribution of returns in the previous term.