Date: Feb 02, 2017
By: Abraham Gerber / Staff reporter
The Chinese Nationalist Party (KMT) should host an alternative national affairs conference on pension reform to draft its own proposal, KMT Vice Chairman Hau Lung-bin (郝龍斌) said yesterday, adding that the party should present a positive alternative to benefit cuts proposed by the Democratic Progressive Party (DPP) government, which he described as making “everyone a loser.”
“Retired military personnel, civil servants, teachers, other workers, businesses and the government all lose out under the draft pension reform plan of President Tsai Ing-wen’s (蔡英文) administration,” said Hau, a former Taipei mayor and a candidate for KMT chairperson.
Hau said on Facebook that it is imperative for the KMT to renew its connections with all sectors of society and present concrete strategies to address voters’ concerns.
Pension reform has emerged as a key battleground following the completion of a government-sponsored national policy conference last month, with Tsai’s administration proposing the gradual introduction of a broad set of benefit cuts to address the impending bankruptcy of national pension funds. [FULL STORY]