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The National Treasury Administration (NTA) began cooperation with the Bureau of Public Service Pension Fund on July 1, 2023, to handle the collection of retirement and compensation funds, and established the e-payment operation mechanism. The related application system was launched on June 15, 2023.

In order to simplify the collection and write-off procedures of central government agencies (hereinafter referred to as agencies) and the Bureau of Public Service Pension Fund, the NTA began cooperation with the new pension system of the Bureau of Public Service Pension Fund to plan the e-payment operation mechanism for retirement and compensation funds. The NTA makes the payment based on the payment vouchers of retirement and compensation funds issued by agencies, at the end of each working day, the funds are deposited into the collection account designated by the Bureau according to the agency type. This operation will simplify cross-agency operating procedures, speed up the process of depositing retirement and compensation funds into accounts, and reduce government expenditures.

Issued:Treasury Disbursement Management Division Release date:2024-06-04 Last updated:2024-06-05 Click times:363