Taiwan’s Labor Pension Fund achieved record-breaking returns of over US$31B in the first 11 months of 2024, with individual workers potentially receiving an average dividend of US$1,700.
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00:00Taiwan's labor pension fund has recorded record-breaking returns for the first 11 months of 2024.
00:06The fund earned over 31 billion U.S. dollars between January and November last year, with
00:12individual workers potentially receiving an average dividend of just over $1,700.
00:18The labor ministry says the new labor pension fund contributed most of those profits, accounting
00:23for over 21 billion U.S. dollars.
00:26The strong performance is being attributed to gains in global stock and bond markets
00:30and strategic investments in AI-driven sectors.