Military pension plan seeks to delay retirement

Radio Taiwan International
Date: 2017-10-03

An emerging plan to reform pensions for military personnel is being designed to encourage service members to delay retirement.

The Tsai administration has made shoring up the finances of the country’s deficit-ridden pension system a priority. Military personnel are among the professions set to see changes. However, their pensions are being dealt with separately because of the nature of their work.

President Tsai Ing-wen explained plans to reform military pensions in an interview Sunday with Taiwan’s Central News Agency. She said the government hopes to have experienced, trained military personnel serve for longer to keep the armed forces strong.    [FULL  STORY]

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