HUGE SAVINGS:The bonus cut, which will not affect retired military personnel, will save the government about NT$870 million per year, a DPP caucus whip said
Taipei Times
Date: Sep 09, 2016
By: Chen Wei-han / Staff reporter
Holiday benefit payments to retired civil servants, public-school teachers and political appointees who
Premier Lin Chuan talks to reporters in Taipei yesterday. Photo: CNA
receive more than NT$25,000 in monthly pension payments are to be axed from next year, the Executive Yuan said yesterday.
Retired government and public-school employees used to receive NT$2,000 for the Lunar New Year, Dragon Boat Festival and Mid-Autumn Festival holidays.
Starting next year, they will no longer receive NT$6,000 in annual holiday bonuses, Democratic Progressive Party (DPP) caucus whip Wu Ping-jui (吳秉叡) said after a lunch meeting yesterday with Premier Lin Chuan (林全).
However, they will still receive a NT$2,000 bonus for next week’s Mid-Autumn Festival, Wu said.
The number of retired public employees eligible to holiday bonuses will decrease from 88,088 to 13,489, and the number of eligible retired public-school teachers will fall from 82,395 to 924, the Executive Yuan said. [FULL STORY]
