Teacher retirement age to be raised to 60: Education Ministry

Focus Taiwan
Date: 2017/01/22
By: Lo Kuang-jen and Kuo Chung-han

Taipei, Jan. 22 (CNA) A pension reform proposal to raise the age of retirement for K12 teachers to

CNA file photo

60 and that for non-teaching staff to 65 incorporate different perspectives on retirement age, the Ministry of Education said in a statement on Sunday.

The ministry was responding to opinions that K12 teachers’ age of retirement should be either as late as 65 or as early as 55.

The reform proposal for Taiwan’s pension system was drafted by the Pension Reform Committee under the Presidential Office.

Under the proposal, teachers’ age of retirement will be 60 in 2028, after a 10-year transition from the current “75 retirement index,” which is a formula based on a minimum retirement age of about 50 and 25 years of service, said the ministry.    [FULL  STORY]

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