National Pension Act Article 47

In addition to the basic guaranteed pension payment, which shall be budgeted and paid on a yearly basis by the central competent authority as stipulated in Article 36, the funding for the subsidized insurance premium and related expenses, which the central competent authority shall assume according to the Act shall be in the following orders. Surplus, if any, shall be listed as the central government’s responsibility reserve for subsequent years.1. Surplus from the Public Welfare Lottery for the national pension payment.2. Increase the requisition rate for business tax by 1%. The scope and period of implementation shall be decided by administrative orders issued by the Executive Yuan.The raising of Public Welfare Lottery surplus and business tax, as stipulated in the previous Paragraph, shall be carried out by the Fund through direct appropriation from the insurance premium, the assumed share of funding by the central competent authority according to the laws, and the central government’s responsibility reserves. This appropriation will also serve as the financial tool for the funding as stipulated in Article 45, Item 1.If the central competent authority subsidized insurance premium and funding are still insufficient after the funding as stipulated in Paragraph 1, the central competent authority shall budget to compensate for this shortage if it cannot be supported by the central government’s responsibility reserves.