Act Governing Retirement, Severance, and Bereavement Compensation Under the Individual Account System for the Teaching and Other Staff of Public Educational Institutions Article 8
When a newly employed staff member commences duties, the management authority shall set up an individual account for that staff member and deposit the joint monthly contributions paid by the staff member and the government and any voluntary additional contributions paid by the staff member during the period of their employment, into their individual account. The principal, and interest or dividends earned, will accrue as a savings reserve from which retirement and benefit payments will be made to the staff member at the time of their retirement, or severance in accordance with law, or to their survivors as bereavement compensation.
中文原文 公立學校教職員個人專戶制退休資遣撫卹條例第8條
教職員初任到職時，退撫基金管理機關應為其設立個人專戶，並由教職員於任職期間，與政府共同按月撥繳退撫儲金費用及其自願增加提繳費用，存入個人專戶累積本金及孳息，作為依法退休、資遣或撫卹時，給付其本人或遺族退撫給與之儲存準備。