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Labor Pension Fund Reports July Loss of NT$246 Billion, Reducing Average Worker Payouts

Finance · Investment Managers · cnyes · 2026-09-01

Global market volatility in July led to a NT$246.37 billion loss for Taiwan's Labor Pension Fund, causing average individual account payouts to drop to NT$102,900.

What Happened

Fund Performance: The Bureau of Labor Funds reported a monthly loss of NT$246.37 billion in July, driven by significant corrections in global stock markets and a sharp decline in the Taiwan market. As of the end of July, the total fund size reached NT$9.82 trillion with a cumulative return rate of 25.03%, though total gains fell below the NT$2 trillion threshold.

Impact on Workers: The New Labor Pension Fund, which directly affects millions of employees, saw a monthly loss of NT$179.79 billion. Based on 13.1 million active accounts, the average paper profit per worker decreased to NT$102,900, marking a reduction of approximately NT$13,100 from the previous month.

Market Context: Officials attributed the July downturn to uncertainty surrounding U.S. monetary policy, geopolitical tensions, and mixed corporate earnings reports. Despite the volatility, the fund noted that strong fundamentals in the AI and semiconductor supply chains helped stabilize the market toward the end of the month.

Long-term Outlook: The Bureau emphasized that the fund maintains a long-term, diversified investment strategy, boasting a five-year average return of 14.78%. While traditional industries face ongoing demand pressures, the outlook remains supported by robust growth in AI and cloud computing sectors.

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