Taiwan new pension plan delayed

The government will have to make a tough choice on how the new retirement scheme is to be funded.

Taiwan will not have a new national pension system in place by 1 January next year as planned, said Premier Tang Fei yesterday Sunday.

Speaking after a two-day conference on national financial policy issues over the weekend, the premier revealed the government was still trying to determine a suitable model for the proposed retirement scheme. The major sticking point among officials is over how the pension benefits will be funded.

Called National Annuity Plan, the new national pension...

To continue reading, please login or register for free

Click for more on: taiwan | pension | plan | delayed

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...