Labor Fund Earns NT$586 Billion in May, Overall Yield Reaches 27.7%

(CNA reporter Wu Hsin-yun, Taipei, July 1st) The Ministry of Labor announced the latest performance of the Labor Fund today. The single-month return in May was NT$586 billion. As of the end of May this year, the overall Labor Fund had a cumulative return of NT$2.1252 trillion, with an overall yield of 27.7%.

The Labor Fund Investment Policy Committee of the Ministry of Labor announced the latest performance of the overall Labor Fund today. The total size of the Labor Fund is NT$8.6115 trillion. As of the end of May this year, the cumulative return was NT$2.1252 trillion, with a yield of 27.7%.

Among these, the new defined-contribution pension fund has a size of NT$5.6198 trillion and a yield of 27.10%; the old defined-benefit pension fund has a size of NT$1.1272 trillion and a yield of 41.75%; the Labor Insurance Fund has a size of NT$1.6126 trillion and a yield of 24.51%; the Employment Insurance Fund has a size of NT$187.1 billion and a yield of 1.20%; the Labor and Occupation Insurance Fund has a size of NT$38.4 billion and a yield of 0.83%; and the Advance Payment Fund for Wages in Arrears has a size of NT$26.4 billion and a yield of 15.77%.

In addition, the National Pension Insurance Fund, managed on behalf of the Ministry of Health and Welfare, has a size of NT$901.5 billion and a yield of 26.07%; the Farmers' Pension Fund, managed on behalf of the Ministry of Agriculture, has a size of NT$29.7 billion and a yield of 37.43%.

According to statistics, the single-month return in May this year was NT$586 billion, of which the new defined-contribution pension fund contributed NT$404.9 billion, the old defined-benefit pension fund contributed NT$96.73 billion, and the Labor Insurance Fund contributed NT$83.44 billion.

Looking ahead, the Labor Fund Investment Policy Committee stated that the Organization for Economic Co-operation and Development (OECD) released its economic outlook report on June 3rd, forecasting global growth at 2.8% this year and recovering to 3.1% next year. However, if the US-Iran conflict leads to prolonged disruption of energy supply, growth rates for this year and next year will fall to 2.1% and 1.8% respectively.

Domestically, the Labor Fund Investment Policy Committee indicated that the Taiwan Institute of Economic Research released its latest Taiwan economic outlook on June 16th. Due to the strong performance of AI-related supply chains effectively boosting domestic industrial growth and export momentum, the economy is maintaining a stable expansionary pattern. The economic growth forecast for this year has been revised upward to 9.33%. However, attention must still be paid to potential risks such as high industry concentration and if AI commercialization applications do not meet expectations. The committee will closely monitor the global political and economic situation and make dynamic adjustments to investment positions. (Editor: Li Heng-shan) 1150701

Stand with facts, your every donation is a force to protect press freedom

Download the CNA "First-Hand News" APP for real-time updates

Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.