‘Fourth, the collapse of pension programs could also cost elderly people, who subsist on pensions, their life security, which means that the issue could have a profound impact not on one specific occupational group, but on all people from all sectors,” Tsai said.
Ensuring the sustainability of pension programs is one of the three objectives Tsai hoped to fulfill through a national affairs conference, which she said could be achieved by creating a healthy, balanced financial mechanism to assuage growing public anxiety.
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