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What is the main objective of the Bureau of Labor Funds (BLF)?

  • Publish Date:2017-04-16

What is the main objective of the Bureau of Labor Funds (BLF)?

Under the establishment of the Ministry of Labor, the authorities of various labor funds are distinctively separated into three major practices of collection/payment, utilization and supervision. The Bureau of Labor Funds is responsible for overall planning and utilization of various labor funds, including the Labor Pension Fund (the New Fund), the Labor Retirement Fund (the Old Fund),the Labor Insurance Fund, the Employment Insurance Fund, the Arrear Wage Payment Fund, and the Occupation Incidents Protection Fund. The Bureau of Labor Funds is meant to integrate the research, audition and management of the Labor Pension Fund and the Labor Insurance Fund so as to build a stronger investment team. The team will endeavor to construct optimal asset allocation and risk control mechanism, to diversify investment portfolios in global niche markets and to enhance the management efficiency in an effort to insure the profitability, security and liquidity of the Funds and to seek the utmost benefit for the labor.

  • From:Planning and Audit Division
  • Last Update Date:2019-10-31
  • Hit Rate:2522
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