‘MAJOR HURDLE’:Lawmakers reviewed and agreed on 75 of the 92 articles in the amendment package and are to discuss the remaining articles in cross-caucus talks
Date: May 05, 2017
By: Jason Pan / Staff reporter
Draft amendments to reform the civil servants’ pension system yesterday passed the
first stage of review at the legislature’s Judiciary and Organic Laws and Statutes Committee, but several key issues were left unresolved and are to be discussed in cross-caucus negotiations.
After lawmakers across party lines reviewed 75 of the 92 articles in the amendment, Democratic Progressive Party (DPP) Legislator Tuan Yi-kang (段宜康), co-convener of the committee, announced that the lawmakers had agreed on major points and adjourned the session at about 6pm.
The 17 articles upon which the lawmakers failed to agree include major amendments proposed by the DPP to reform civil servants’ pensions, including an 18 percent preferential savings rate for retired public employees, the income replacement ratio for retirees and a minimum level for monthly pensions. [FULL STORY]