Taipei, Taiwan — February 2, 2026 — Taiwan’s labor funds recorded their strongest performance on record in 2025, generating more than NT$1.11 trillion in profits as the local stock market closed the year with historic gains, the Bureau of Labor Funds announced on Sunday.
According to the bureau, total labor fund investment income reached NT$1.1177 trillion in 2025, translating to an annual return of 16.06 percent — the highest level ever recorded. The result coincided with Taiwan’s stock market ending December with its largest annual point increase and percentage gain in history.
As of the end of December 2025, the total size of labor funds stood at NT$7.7925 trillion. December alone contributed NT$141.5 billion in investment gains.
When combined with funds managed on behalf of the National Pension Insurance and the Farmers’ Pension Fund, total assets under management reached NT$8.5293 trillion, with aggregate profits of NT$1.2084 trillion and an overall return rate of 16.02 percent, also a historical high.
Among the major funds, the old labor pension fund delivered the strongest performance, posting a return of 22.53 percent. The new labor pension fund recorded a return of 15.60 percent, generating NT$746.9 billion in profits. Based on approximately 12.92 million active accounts, the average notional gain per worker in 2025 was estimated at NT$57,810.
The new labor pension fund reached a total size of NT$5.1795 trillion by year-end. The old labor pension fund stood at NT$1.0658 trillion, producing NT$205.71 billion in income. The labor insurance fund, with assets of NT$1.3035 trillion, posted a 15.57 percent return and earned NT$159.8 billion. Meanwhile, the employment insurance fund reported a modest return of 1.44 percent on assets totaling NT$182.5 billion.
Funds managed on commission also performed strongly. The National Pension Insurance Fund, overseen by the Ministry of Health and Welfare, reached NT$709.9 billion in assets with a return of 15.52 percent. The Farmers’ Pension Fund, entrusted by the Ministry of Agriculture, stood at NT$26.8 billion and achieved a 15.41 percent return.
The Bureau of Labor Funds noted that the first half of 2025 was marked by heightened market volatility, driven by uncertainties surrounding U.S. tariff policies, global economic growth prospects, currency fluctuations, and ongoing geopolitical tensions. These factors led to short-term valuation swings and increased investment challenges.
However, Taiwan’s stock market benefited from the global importance of its semiconductor and electronics industries, which helped support index growth and stabilize overall performance.
Looking ahead, the bureau said Taiwan’s supply chain remains competitive but warned that risks from tariffs and geopolitical developments persist. It added that it will continue to closely monitor global political and economic conditions, adjust investment strategies flexibly, and strengthen fund management efficiency to enhance long-term investment returns.