MHRSS：2021 Pension Rises by 4.5% Tilting in Favor of Two Groups

Recently, Ministry of Human Resources and Social Security and Ministry of Finance issued a notice on pension adjustment. According to it, since January 1st 2021, the pension of the retired people who have applied for the pension by rule in 2020 would rise by 4.5%. Two groups, namely advanced aged people and the retired working in hardship and remote area would have preferential treatment.