The China Post
Date: November 13, 2016
By: The China Post news staff
TAIPEI, Taiwan — Premier Lin Chuan Saturday addressed what he called a “misunderstanding” about the government’s pension reform effort, saying it would not force retirees to return any benefits already received.
Lin maintained that pension reform would not apply retroactively and would not require retirees to return portions of their pensions that they received before the changes.
The premier was speaking to press during an inspection of an offshore wind farm in Miaoli County, a day after President Tsai Ing-wen discussed pension reform with Lin and other top officials at a dinner gathering.
Many civil servants and government-employed teachers have voiced opposition and skepticism over the reforms, which seek to cut retirement benefits to rescue the country’s beleaguered pension fund. [FULL STORY]