Labor fund generated NT$191.86 billion profit in Jan.-Aug.

The labor fund has generated a return on investment (ROI) of NT$191.86 billion (US$6.28 billion) in the first eight months of this year, with a 5.78% rate of return, Deputy Director Liu Li-ju (劉麗茹) of the Bureau of Labor Funds said Sunday.

Meanwhile, the National Pension Insurance Fund managed by the bureau has reached NT$286.7 billion after creating an ROI of NT$16.11 billion during the

The labor fund has generated a return on investment (ROI) of NT$191.86 billion (US$6.28 billion) in the first eight months of this year, with a 5.78% rate of return, Deputy Director Liu Li-ju (劉麗茹) of the Bureau of Labor Funds said Sunday.

According to the bureau's data, the labor fund, composed of labor retirement funds accumulated under the old and new pension schemes, the labor insurance fund, the occupational accident relief fund, and the fund allocated to pay for wage arrears, has totaled NT$3.5156 trillion as of the end of August.

Noting that world economy remains upbeat and the upcoming year-end shopping season would continue to push up global demand, Liu said the bureau would take into account factors that can affect the global economy to ensure stable revenue growth for the labor fund, Liu told CNA.

Meanwhile, the National Pension Insurance Fund managed by the bureau has reached NT$286.7 billion after creating an ROI of NT$16.11 billion during the same period. The rate of return was 6.20 percent.