National Pension Act Article 13

Calculation of insurance premiums will start from the specific date when the insurance takes effect for the insured person until the specific date of stoppage or termination of the effect. If the actual insured days of the specific month when the insurance comes into effect, stops, or terminates are less than a full month, it is calculated proportionally by the actual insured days (on the basis of 30 days per month).The insurer will calculate the insurance premium paid by the insured persons on a bi-monthly basis. Written notice of the insurance premium bill will be sent by the end of the third month, requesting that the insured persons pay their insurance premium through account transfer by financial institutions or other methods designated by the insurer by the end of the fourth month.If the insured persons join the insurance for less than a full month, the insurer is entitled to calculate their monthly insurance premium based on their next insurance premium. However, the notice of insurance premium bill shall be sent at least once a year.The insured person is eligible to pay the insurance premium in advance. The prepaid period is limited to one year.Insurance premium paid by the insured person during the validation of the insurance is non-refundable. However, insurance premium over-paid or paid by mistakes, which cannot be blamed on the insured person, is not included.The insurer is entitled to calculate the insurance premiums paid by the government at all levels under this Act by the end of May and November, respectively. In addition to the insurance premium paid by the insured person for the previous six months, which is eligible for full coverage by the government at all levels, an additional 15% of any unpaid insurance premiums by the insured person must also be calculated. Deadlines for insurance premiums paid by the government of all levels are the end of June and December, respectively, and the stipulations of this paragraph are traced back to October 1, 2008. Before the implementation of amendments to this Act on June 13, 2011, the difference between insurance premiums paid by the government of all levels and insurance premiums calculated by the insured person who had paid shall be deemed as prepaid insurance premiums for the government of all levels.The insurer is entitled to report various governments’ failure to pay their share of insurance premiums under this Act to the central competent authority, which will then request that the Executive Yuan deduct the amount payable from the subsidy to each specific institution.