Pension reform committee to launch regional forums in November

  • Date: 2016-09-17
  • Source: Office of Information Services, Executive Yuan
<p>20160917 Pension reform committee to launch regional forums in November</p>

The  Office  of  the  President’s  Pension  Reform  Committee  is  set  to  begin  discussions  on  practical  issues  facing  the  pension  system  and  will  launch  a  string  of  regional  forums  in  November,  the  Executive  Yuan  said  today.

The  government  also  plans  to  convene  a  national  pension  reform  conference  in  January  2017  so  that  any  amendments  or  legislations  can  be  submitted  for  legislative  review  as  early  as  possible.

Four  regional  forums  will  be  held—one  each  in  northern,  central,  southern  and  eastern  Taiwan.  The  government  has  invited  military  personnel,  civil  servants,  teachers,  laborers,  farmers,  women,  young  people,  elected  officials  and  any  citizen  concerned  about  pension  reform  to  participate  and  voice  their  opinions.  Those  recommendations  will  in  turn  serve  as  reference  for  forming  future  policies  and  programs.  The  forums  will  be  held  separately  from  the  Pension  Reform  Committee  meetings  to  allow  committee  members  to  take  part  in  all  gatherings.

As  of  September  8,  the  committee  had  held  12  meetings  and  heard  reports  on  13  pension  systems  managed  by  different  government  agencies.  Starting  with  the  next  meeting,  the  committee  will  discuss  specific  issues,  beginning  with  the  overall  pension  system  framework,  followed  by  pension  payouts,  eligibility  requirements,  revenue  sources,  transitioning  between  systems,  management  of  funds,  and  handling  of  special  cases.

The  government’s  objectives  for  pension  reform  are  to  create  a  financially  viable  system  that  will  ensure  the  sustainability  of  social  protection;  narrow  the  benefit  gaps  among  different  groups  and  promote  social  solidarity;  promote  fair  division  of  premium  payments  by  employees,  employers  and  the  government;  and  achieve  partial  integration  of  different  pension  systems  to  provide  separate  but  equal  protection.

The  reform  efforts  are  not  directed  at  any  one  group  but  to  all  citizens  regardless  of  which  work  sector  they  are  from,  the  Executive  Yuan  said.  The  pension  system  is  integral  to  the  nation’s  sustainable  development  and  its  reform  will  be  critical  for  achieving  generational  justice.