The legislature’s Judiciary and Organic Laws and Statutes Committee is tomorrow to begin reviewing proposed pension reforms for public-school teachers.
The issues to be addressed include the age at which retired elementary and junior-high school teachers start receiving pensions and whether retired teachers working in part-time jobs should forfeit their pensions.
The National Federation of Teachers’ Unions has been lobbying legislative caucuses to lower the age at which retired teachers can receive pensions to 55. The Pension Reform Committee advocates a minimum age of 60.
In the past, teachers began their careers in their early 20s, but teachers now mostly start work aged 27 or 28, Democratic Progressive Party (DPP) Legislator Lee Li-feng (李麗芬) said.
According to the existing pension system, public-school teachers must either work 30 years or reach 60 following 25 years of service before they are allowed to retire, which means that most teachers would now be nearing 60 when they retire, she said.
Although some parents are concerned that elderly teachers might be unfit for the job, she said that teachers considered old can pass on their valuable experience to younger teachers.
As to whether retired teachers holding part-time teaching jobs should have to forfeit their pensions, Ministry of Civil Service official Lu Ming-tai (呂明泰) said retired teachers who have fixed class hours can have their pensions affected under the current system.
Chinese Nationalist Party (KMT) Legislator Ko Chih-en (柯志恩) said that retired teachers should still receive the portion of their pensions funded by government-made investments using monthly deductions from their salaries, which makes up 35 percent of their full pensions, adding that part-time teachers do not block teachers seeking full-time positions from finding work.
The pension rules should not be too lax or they would defeat the purpose of reform, DPP Legislator Wang Jung-chang (王榮璋) said.
Going by the ministry’s proposed rules, if retired professors who teach for six hours per week make more than the minimum wage they would have to forfeit their pensions, co-convener of the meeting and DPP Legislator Tuan Yi-kang (段宜康) said, adding that the issue of pensions paid to retired teachers working part-time requires further discussion.
A NT$39 receipt for two bottles of tea at a FamilyMart was among the NT$10 million (US $312,969) special prize winners in the January-February uniform invoice lottery. FamilyMart said that two NT$10 million-winning receipts were issued at its stores, as well as two NT$2 million grand prizes and three NT$200,000 first prizes. The two NT$10 million receipts were issued at stores in Pingtung County and Yilan County’s Dongshan Township (冬山). One winner spent just NT$39 on two bottles of tea, while another spent NT$80 on water, tea and coffee, the company said. Meanwhile, 7-Eleven reported three NT$10 million winners — in New Taipei
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
ANNUAL EVENT: Two massive Pokemon balloons are to be set up in Daan Park, with an event zone operating from 10am to 6pm This year’s Taipei Floral Picnic is to be held at Daan Park today and tomorrow, featuring an exclusive Pokemon Go event, a themed food market, a coffee rave picnic area and stage performances, the Taipei Department of Information and Tourism said yesterday. Two massive Pokemon balloons are to be set up in the park as attractions, with an exclusive event zone operating from 10am to 6pm, it said. Participants who complete designated tasks on-site would have a chance to receive limited-edition souvenirs, it added. People could also try the newly launched game Pokemon Pokopia in the trial area, the department said. Three PokeStops are
Taiwan is concerned that China could exploit the US’ war in the Middle East, with state media citing examples from the conflict to cast doubt on the efficiency of US weapons Taiwan would use to repel an invasion. Taiwanese officials said the resumption of Beijing’s large-scale air force incursions near Taiwan after an unusual decline show that China wants to take advantage of the redeployment of US forces from East Asia to the Middle East. “This is a moment for China to exercise influence,” a senior Taiwanese security official said, speaking on condition of anonymity. “What China is trying to create is a