Welfare: The government has offered a national health insurance program since 1995 through the National Health Insurance Bureau. Under this plan, employers pay 60 percent of the costs, employees 30 percent, and the government 10 percent. In 1984 the government established rules for the allocation and management of a then-new Workers’ Retirement Fund. The rules provide that a retiree is entitled to a maximum pension equal to 45 times his average wage in the six months prior to retirement. To ensure that workers receive this pension should their employer file for bankruptcy, the government also set up a Wage Arrears Repayment Fund to which all employers are required to contribute a small percentage of each employee’s salary. Since 1993, a monthly subsidy has been provided to all people 65 and older and to low-income families. In 2002 the government established a monthly pension of US$86 for residents 65 years or older who meet certain requirements.