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This paper analyses the impacts of the characteristics of policyholder and contract on the lapse of Voluntarily Insured Person in National Pension, using the recent lapse data from National Pension Service. The logistic regression model is used in examining lapse odds with several independent variables. The result demonstrates several hypotheses of the lapse behaviors. First, the lapse odds of men is lower than that of women. Second, the effect of age on lapse odds shows concave shave with the peak at 37. Third, insured period has a negative effect on lapse odds in entrants sample. Fourth, standard monthly income has little effect on lapse in either sample. Fifth, the lapse odds decreases as the expected benefit ratio increases. Sixth, 2013 pension bill resulted in the sharp increase of lapse odds and the effect was greater for entrants. Last but not least, spatial environment such as residence also affects the lapse behavior. [ABSTRACT FROM AUTHOR]

Drawing on Hetherington's idea about political trust and Ajzen's theory of planned behavior, this study investigates Taiwanese people's intention to participate in the national pension program. Questionnaire surveys are collected from 254 part-time workers as they are qualified to join the program. The main results confirm that political trust, attitude, subjective norms, and perceived behavioral control have significant effects on the respondents' intention to participate in the national pension program. Very few studies have looked at the role of political trust and theory of planned behavior constructs in the national pension program. This study may contribute to the relevant literature by discussing these issues, while future empirical research needs to be conducted to improve the generalizability of the results. [ABSTRACT FROM AUTHOR]