Taipei Times
Date: Nov 13, 2017
By: Lee Hsin-fang and Jonathan Chin / Staff reporter, with staff writer
The Presidential Office’s Pension Reform Committee is to announce proposals to reform military pensions tomorrow, officials with knowledge of the process said yesterday, as they disclosed key details of the proposal.
Once the bill is made public, the Ministry of National Defense will immediately present it to the Executive Yuan, said the officials, speaking on condition of anonymity.
The government expects the Executive Yuan to approve the proposal without changes and submit it to the legislature on the same day, they said.
Under the proposal, the 18 percent preferential interest rate on pension savings accounts would be left untouched for retired military personnel whose monthly income is less than NT$32,160, they said. [FULL STORY]