VP defends choice of Presidential Office for pension reform meeting
Jan 18, 2017MarketComments Off on VP defends choice of Presidential Office for pension reform meeting
Vice President Chen Chien-jen says that the Presidential Office Building is a transparent choice for hosting a national conference on pension reform scheduled for Sunday.
Chen was speaking during an interview with local radio station Super FM 98.5 that aired Wednesday. He was responding to suggestions that the venue for the upcoming conference has been changed without advance notice in an underhanded move.
Sunday's conference will mark the end of a consultation process that has looked at local views about pension reform around Taiwan. It will feature representatives from a variety of organizations, political parties, and demographic groups. The conference is expected to produce draft legislation on shoring up Taiwan's deficit-ridden pension system. This is an issue that the vice president has worked on in his other role as convener for the national pension reform committee.
A series of regional meetings on pension reform held in the run up to Sunday's national contest were marred by heated protests. During the interview, Chen asked that those unhappy with the reform process so far sit down calmly and make their voices heard at the conference. He also said that the protestors' confrontational stance is inappropriate in a democratic society.
Chen said that the process of revising the draft legislation that comes from Sunday's conference will take three or four months, and should be complete around July.
Meanwhile, Chen said that preferential interest rates for military personnel, teachers, and civil servants, a point of contention in the debate surrounding pension reform, will be abolished over a six-year period.