CEILING AND FLOOR:Most respondents to the survey agreed on the establishment of upper and lower limits to retirement payments, reflecting realistic expectations

Taipei Times
Date: Sep 27, 2016
By: Stacy Hsu / Staff reporter

The public is broadly supportive of President Tsai Ing-wen’s (蔡英文) pension reform plans, despite a large protest staged by retired and active civil servants, public-school teachers and military personnel earlier this month, according to a survey released by the Taiwan Style Foundation yesterday.

Among those polled, 80.8 percent said they supported the government’s plans to push for pension reform, compared with 9.2 percent who were against.

A cross-analysis of the results showed that while pension reform received the highest support among respondents leaning toward the pan-green camp at 91.5 percent, a majority (71.9 percent) of pan-blue-leaning respondents were also in favor of reforming the nation’s cash-strapped pension systems.

About 83 percent of respondents agreed to the introduction of “a ceiling and a floor” to monthly pension payments that can be drawn by retirees, in order to prevent people who earn high wages from receiving large pension payments while protecting low-income earners, the poll showed.     [FULL  STORY]