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Compensations and Benefits for Faculty Members

 

Compensations and Benefits of National Chengchi University for Faculty Members

Generous Benefits                      (The following numbers are in TWD; the exchange rate used for US Dollar to TWD is 1:30)

Item

Description

Insurance

National Health Insurance

● Low premium：monthly premium of NT 1,359~2,210 (USD45～74)!
● Wide coverage：illness, injuries, accidents, childbirth, dental insurance; preventive health care for adults and free cancer screening included.
● Covers more than one person：dependents can be insured as well.

Civil Servant and Teacher Insurance

● Low premium：monthly premium of NT885~3,633 (USD30~121)!
● Wide coverage：covers old age pension, disability, death, funeral, childbirth, and child care subsidy.  

Living Allowance

Provides subsidies for marriage, childbirth, funeral, child education.

 School Facilities

Our university has its affiliated kindergarten, elementary school, and junior high school. Children, 3 years old or above, may enroll.

Accommodation

Our dormitory provides single room and family suites. All professors or teachers can apply. (up to 2 years; approval needed for further extension.)

Excellent Retirement Package

Item1

Years of Service

Job level

Professor

Associate Professor

Assistant Professor

Monthly Retirement Payment 2

(Max)

25

57,213
(USD 1,907)

53,568
(USD 1,786)

50,121
(USD 1,671)

30

66,749
(USD 2,225)

62,496
(USD 2,083)

58,475
(USD 1,949)

Lump-sum Retirement Payment

(Max)

25

4,767,750
(USD 158,925)

4,464,000
(USD 148,800)

4,176,750
(USD 139,225)

30

5,721,300
(USD 190,710)

5,536,800
(USD 178,560)

5,012,100
(USD 167,070)

  1. Local teachers and foreign teachers (holding permanent residency) can choose either monthly pension payments or lump-sum pension. 
  2. Monthly retirement payment is paid indefinitely. If the insurant passes away, dependents can receive another lump-sum payment up to NTD762,840, or receive monthly pension (The amount is half of the monthly retirement payment of the original beneficiary).

 

Salary Compensation                                                                                                                                                                               (In 100 Thousands)

Item

Job level

Professor

Associate Professor

Assistant Professor

Statutory annual salary
(including 1.5 month bonus)

16.03-18.54
(USD 0.53-0.62)

12.88-15.72
(USD 0.43-0.52)

11.46-14.25
(USD 0.38-0.47)

Annual Salary Including Merit Pay 3

19.27-26.94
(USD 0.64-0.9)

16.12-20.52
(USD 0.54-0.68)

15.96-16.05
(USD 0.53)

Adjusted salary by Purchasing Power Parity4

USD 1.44-2.01

USD 1.2-15.3

USD 1.19-1.2

3：Merit pay may be adjusted by international standard and academic performance. 

4：According to 2025 IMF survey, PPP of Taiwan is 2.242(USD$1＝NTD$30).

※ Extra fundings for relocation, start-up research support, and extra pay, etc., up to USD 40,000.