Tue, Jun 15, 2004 - Page 10 News List

Businesses grumble over new pension law

ECONOMIC BROADSIDE Small and medium-sized businesses say raising pension-fund contributions to 6 percent of employees' salaries may cost people jobs

By Jessie Ho and Joyce Huang  /  STAFF REPORTERS

On the other hand, employers may transfer the burden to employees by reducing their salaries, Hsu said.

"Eventually, I think workers will suffer more than SMEs," Hsu said.

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