Workers aged 60 or older can now calculate and claim their pension entirely by phone. Participants in the Labor Pension Act system may use a mobile number registered in their own name for authentication, check the estimated balance of their individual pension account and apply online 24/7 without visiting a service counter.
The service is available to workers aged 60 or older who participate in the system, whether employed or not. Those who continue working after receiving a pension may use the same authentication method to claim pension funds accumulated afterward, avoiding counter visits and paper submissions.
After logging in, users can access the calculation function under "Individual Declaration and Inquiry" to check accumulated principal and estimated earnings. They may then proceed to the pension application page. The Bureau of Labor Insurance also provides a tutorial video explaining each step.
The pension comprises contributions and earnings accumulated in an individual account. Since the actual amount changes with subsequent contribution records and the fund's latest returns, the figure shown online is an estimate at the time of application, not a fixed amount.
Anyone who does not apply during the same month as the calculation should recalculate before submitting a later claim to obtain the latest principal and earnings. Authentication must be completed on a phone using a mobile number registered to the applicant before accessing the system.