【Announcement】Taiwan Life Insurance Co., Ltd. – “Jin Fu Qi Interest Rate-Adjustable Group Annuity Insurance (Type B)” for Active Faculty and Staff Aged 55 and Above

/in

Subject: Announcement regarding the availability of Taiwan Life Insurance Co., Ltd.’s “Jin Fu Qi Interest Rate-Adjustable Group Annuity Insurance (Type B)” for eligible faculty and staff who are currently employed and aged 55 or above.

Details:

1. The Association has renewed its agreement with Taiwan Life Insurance Co., Ltd. to offer the “Jin Fu Qi Interest Rate-Adjustable Group Annuity Insurance (Type B)” as an optional insurance product for active faculty and staff aged 55 and above.

2. Application Procedures

Eligible faculty and staff who wish to enroll in the annuity insurance program should follow the procedures below:

(1) Visit the Association’s official website and navigate to Self-Directed Investment → In-Service Annuity Insurance → Annuity Insurance Overview → Application Forms. Complete and submit the Personal Data Collection Consent Form.

(2) After the Association verifies eligibility (currently employed and aged 55 or above), a list of eligible applicants will be provided to the insurance company. A designated insurance representative will then contact each applicant individually to explain the policy benefits and assist with completing the application documents and signing the required consent forms (two copies).

(3) Once the annuity insurance account has been established, the insurance company will notify the applicant. The applicant must then log in to the Self-Directed Investment Platform and select the number of existing investment units to be transferred to the annuity insurance product. Upon receiving instructions from the Association, the trustee bank will remit the corresponding funds to the insurance company to complete the enrollment process.

3. Important Reminders

Applicants must complete all of the following steps to finalize their enrollment:

  • Accurately complete all required information in the Personal Data Collection Consent Form.
  • Complete and sign all required insurance application documents.
  • Complete the transfer of existing investment holdings through the Self-Directed Investment Platform.

4. Incomplete Applications and Related Risks

An application will be considered incomplete under any of the following circumstances:

  • Required information is inaccurate or incomplete.
  • The transfer of existing investment holdings has not been completed.
  • The applicant transfers existing investment holdings before completing and signing the required insurance application documents.

Any resulting loss of accrued interest or investment earnings due to incomplete application procedures shall be borne by the applicant.

Eligible faculty and staff are advised to carefully review and complete all required procedures to ensure successful enrollment.

Attachment: Official Notice – Jin Fu Qi Interest Rate-Adjustable Group Annuity Insurance