Even Without Labor Insurance, 'Receive $12,000 Monthly Retirement Pension'! Insider Reveals One Strategy to Maximize Retirement Income — Get Paid Every Month Until Death, Even Without a Job

Many workers often feel puzzled when they suddenly receive a 'National Pension (National Insurance)' payment notice after changing jobs, leaving the workforce, or returning home during mid-life. In fact, paying National Insurance is not a waste. The Labor Insurance Bureau explains that by properly utilizing the mechanism to combine National Insurance and Labor Insurance service years, individuals can qualify to receive both pensions monthly starting at age 65—even if one insurance alone does not reach 15 years—as long as the combined total reaches 15 years or more. This provides a dual retirement safety net paid monthly until death. As long as insurance premiums are paid on time, beneficiaries can claim allowances in cases of childbirth, disability, death, or retirement at age 65, securing basic economic support for themselves and their dependents.

Case Example: A 40-Year-Old Unemployed Woman Receives $12,000 Monthly from Age 65 via Combined National + Labor Insurance

Recently, media reported on a 40-year-old woman who left her job, interrupted Labor Insurance coverage, and immediately began receiving and paying monthly National Insurance bills. She had previously accumulated 12 years of Labor Insurance coverage. If she continues paying National Insurance from age 40 to 65 (25 years), plus an earlier 5 years, totaling 30 years of National Insurance coverage.

Although her Labor Insurance tenure alone falls short of the 15-year threshold (which would normally allow only a lump-sum payout), the combined 'Labor Insurance + National Insurance' service years total 42 years—far exceeding the 15-year requirement—thus qualifying her for monthly pension benefits.

The amount of retirement pension received primarily depends on 'insured salary level' and 'insurance duration.' Below are the detailed calculations for this woman:

1. Labor Insurance Old-Age Pension: $5,148 per month

Calculated based on her initial monthly insured salary of $23,100 and 12 years of service:

Formula: Average Monthly Insured Salary × Insurance Duration × 0.775% + $3,000

Estimated Amount: 23,100 × 12 × 0.775% + 3,000 = approximately $5,148

2. National Insurance Old-Age Pension: $7,706 per month

Due to the National Insurance sunset clause, those simultaneously receiving Labor Insurance pensions must calculate their National Insurance portion using Formula B (without the $3,772 basic guaranteed amount). Based on a monthly insured amount of $19,761 and an expected accumulation of 30 years of National Insurance tenure:

Formula (B): Monthly Insured Amount × Insurance Duration × 1.3%

Estimated Amount: 19,761 × 30 × 1.3% = approximately $7,706

Combined total of both pensions: $5,148 (Labor) + $7,706 (National) = $12,854 (monthly)

Starting at age 65, this woman will receive a stable $12,854 monthly from dual pension benefits, continuing until her passing. Individuals leaving the workforce should not ignore National Insurance bills. Paying premiums on time not only protects against immediate life risks but also builds a dual-layered foundation for a secure retirement.