The Bureau of Labor Funds (BLF) was formed in 2014 to manage six retirement and insurance funds: the Labor Pension Fund (the New Fund), the Labor Retirement Fund (the Old Fund), the Labor Insurance Fund (LIF), the Employment Insurance Fund (EIF), the Arrear Wage Payment Fund (AWPF), and the Occupation Incidents Protection Fund (OIPF), for US$ 170 billion. At the end of 2020, BLF got under fire over bribery scandal, after the Head of Public Equities accepted money for making certain trades of overvalued stocks.