Regulations for Creating Employment Stability for Middle-Aged and Elderly Employees Article 20

An employer applying for the subsidy prescribed in Article 21 of the Act shall meet the following requirements:1. The said employer shall continue to employ the employees who meet the requirement set forth in Subparagraph One of Paragraph One of Article 54 of the Labor Standards Act and the number of such employees shall reach 30% of the total employees who meet the aforementioned requirement. Under special circumstances, as announced by the central competent authority and continues to use these rates, this limitation shall not apply to specific businesses and proportions of employees subject to continuous employment;2. The employer intends to continue to employ the said employees for more than six months; and3. The employee’s salary during the period of continuous employment may not be lower than his or her original salary.The employee referred to in Subparagraph One of the preceding Paragraph may not be the spouse or a relative by blood within the third degree of the employer.