Taiwan’s FSC Plans Youth TISA to Strengthen Third-Pillar Pension System

Taiwan faces an aging population and a retirement savings shortfall, with the third pillar beyond Labor Insurance and the Labor Pension relying on voluntary personal savings. The Financial Supervisory Commission launched TISA in July 2025 to encourage long-term investing through low-fee funds and regular fixed-amount contributions. The program had attracted 130,000 accounts as of May 12, 2026, while the regulator is considering tax incentives and an extension to children and teenagers.

President Lai Ching-te announced the Child and Youth Growth Allowance Account on May 27. Families would receive NT$5,000 a month for each child from birth to under age 6. For those aged 6 to under 18, NT$2,500 would go to the family and another NT$2,500 into the dedicated account each month, accumulating at least NT$360,000 by age 18. The FSC said it would help connect matured accounts directly to TISA, while investment arrangements, principal guarantees and tax incentives still require interministerial approval.