The China Post
Date: July 11, 2016
By: The China Post news staff
TAIPEI, Taiwan — Following a government decision on pensions last week, 35,000 civil servants will not be afforded the same benefits given to those employed after them, according to local media.
The decision, made by the Examination Yuan, will reinstitute standard civil servant insurance and pensions for government employees still undergoing training, according to the local United Daily News.
The change was a move toward strengthening safeguards for (civil servant) trainees, reversing a 2013 policy in which trainees were insured as non-governmental employees, it stated.
In Taiwan, government employees and public school teachers’ insurance provides for disability, death and retirement benefits while labor insurance coverage also includes maternity and occupational insurance (illness, injury and death). At current rates public sector insurance has a higher contribution rate compared to regular labor insurance, which lead to greater overall benefits over time. [FULL STORY]