National Pension Act Article 54-1

From January 1, 2012, onwards, the additional amount to the old age pension payment, the old age basic guaranteed pension payment, and the amount specified in Paragraphs 2 and 4 of Article 42 and in Article 53 is adjusted to NT$3,500; the basic guaranteed amount of the mentally/physically disability pension payment and the basic guaranteed pension payment for mentally/physically disability are adjusted to NT$4,700. These are to be reviewed and adjusted every four years thereafter by the central competent authority with reference to the growth rate of the most recent year’s consumer price index as announced by the central Budget, Accounting, and Statistics institutions against the consumer price index of the year prior to the last adjustment and the adjustment is to be announced. However, no adjustment shall be made when the growth rate of the consumer price index is zero or negative.