2013-08-12
Regulations for the Implementation of Employment Promotion Allowances Amended
On July 31, 2013, the Council of Labor Affairs (CLA) announced amendments to the Regulations for the Implementation of the Employment Promotion Allowances, which took effect from August, 2, 2013.
Under the previous regulations, employment promotion allowances did not apply to laborers who had applied for and received labor pension according to the Labor Standards Act. However, many middle-aged or elderly workers who had received labor pension have had to seek employment after retirement due to economic reasons. In order to assist these particular workers to return to the labor market, the amendment abolishes said limits.
In addition, to reduce controversy regarding vocational training living allowances, the amendment stipulates that the vocational training living allowance of the Employment Insurance Act would first apply to persons who are involuntarily separated from employment but retain employment insurance. But, for those who do not have employment insurance, but who are in line for vocational training under the Regulations for Implementation of the Employment Promotion Allowances, the training units can assist workers to apply for the allowances.
In addition, to comply with current practices, the amendments also alter relevant regulations concerning business loan interest rates and interest-free periods.