Reported 8 months ago
On June 19, 2024, at 12:00 PM, police and firefighters demanded their retirement income replacement rate to be aligned with that of the military in Taiwan. The Legislative Yuan, driven by KMT lawmakers, forcefully completed the initial review of the Police Personnel Employment Regulations draft law, proposing to raise the retirement income replacement rates for police, firefighters, and coast guards to up to 90% or 95%, sparking debates about whether this amendment is fair or biased towards a specific group. The government departments such as the Examination Yuan, the Personnel Office of the Executive Yuan, and the Ministry of the Interior opposed the idea, citing concerns about financial sustainability and fairness across different professions under the same pension fund. While the proposal has both supporters and critics, it highlights the complex issues surrounding pension reform in Taiwan and the need for a balanced approach to address the concerns of various public service sectors.
Source: YAHOO