Taiwan Labor Groups Propose Pension Reform
Labor groups in Taiwan have proposed eight major demands focused on reforming the retirement system. The proposal includes increasing the employer's mandatory contribution rate from 6% to 7%, with subsequent increases every two years to reach 12% by the eleventh year.
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Sources · 7 independent
BCC News Taiwan
“We hope to increase the employer's mandatory contribution rate from 6% to 7% through legal amendments, then increase it every two years to 12% by the 11th year.”
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