Regulations for Labor Pension Act on the Labor Pension Fund Management / Utilization and Profit / Loss Allocation Article 3

Except for the late payment charge which shall be handled in accordance with Paragraph 2, the scope of expenditures of the Fund shall be as follows:1. Pension payments or the balance payments payable to workers, their survivor(s) or designated person(s) in accordance with Paragraph 1 of Article 24, Article 24-1 and 24-2, and Article 26 of the Act;2. Principals and returns to be transferred to the annuity insurance in a lump sum by workers in accordance with Paragraph 1 of Article 14 of the Enforcement Rules of the Act;3. Administrative costs for fund investment/utilization, auditing and performance management;4. Other relevant and necessary expenditures.The scope of the expenditures of late payment charges collected by the Fund shall be as follows:1. The difference to be covered by the National Treasury in accordance with Paragraph 2 of Article 23 of the Act, shall the return of the Fund is less than the return calculated based on the interest rate of a 2-year-term deposit at local banks;2. The difference to be covered by the National Treasury in accordance with Paragraph 3 of Article 11 of the Act;3. Other items reported to and approved by the Executive Yuan.Administrative costs referred to in subparagraphs 3 and 4, Paragraph 1 shall be allocated by the Bureau of Labor Funds, Ministry of Labor (hereinafter "the BLF") based on the size and operation performance of the Fund and submitted to the competent authority for approval.