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The Retirement and Compensation for Private Schools is a defined-contribution pension plan for 51,000 private school teachers and staff in Taiwan. Als.

Lai jin nanSchool fundCapital investment trust corpPrivate schoolsPrivate school fundAsia assetThe retirement and compensation for private schools isa defined contribution pension plan 51000 private school teachers and staff in taiwan also known as the fundT was the first pension fund in taiwan to introducea member choice platform 2013 it is now looking revamp its withdrawal process by allowing members place their retirement contributions ina target date option will be made available beyond official age of 65 years amp nbsp according lai jin nanHe fund amp rsquos executive secretaryHe move is aimed at providing better protectionSpecially for members with little financial knowledge amp nbsp were initially provided three investment choices ndash conservativeSteady growthNd aggressive amp ndash based on their risk tolerance four years laterHe fund launcheda fourth option amp ndasha target dateHich formsa hybrid of the three strategies whilst automatically allocating more to conservative portfolio choices when members near retirement age amp nbsp lai observes that rsquo investment preference has changed significantly over years around 96 opted for choice in early stage regardless their and risk tolerance however