A proposal sponsored by pan-blue legislators to reinstate an 18 percent special interest rate on savings for retired civil servants, military personnel and teachers failed to pass in the legislature yesterday as Democratic Progressive Party (DPP) lawmakers said they were prepared to launch a filibuster should the pan-blues attempt to force passage of the proposal.
In November last year, the Executive Yuan passed an administrative order abolishing the preferential pension interest rate because the nation's banks only offer savings account interest rates of 1 percent to 2 percent.
Pan-blue lawmakers yesterday demanded that their proposal to nullify the Executive Yuan's administrative order be reviewed as the first bill of the day's agenda on the floor, but DPP lawmakers insisted that establishing a statute for creating a committee to manage labor pension funds should come first.
Legislative Speaker Wang Jin-pyng (王金平) of the Chinese Nationalist Party (KMT) tried to begin cross-party negotiations on the agenda at 9am, but because lawmakers failed to reach consensus on it and a handful of other controversial bills, the meeting was adjourned until Tuesday.
DPP Legislator Lin Shu-shan (
"The lawmakers who enjoy the 18 percent preferential interest rate -- or who have family members that enjoy it -- should not voice an opinion about the proposal," Lin told the press.
PFP Spokesman Lee Hung-chun (
"They deserved the preferential pension system," he said.
DPP Legislator Lu Tien-lin (盧天麟) said that his party's proposed statute to create a committee to manage labor pension funds would benefit the country and millions of laborers.
"Labor pensions have accumulated to NT$126 billion so far. Without the committee, the government can't manage the funds in an efficient way," Lu said.
A debt dispute between a restaurant owner and a criminal ring might be behind a bizarre cockroach attack at the Taipei eatery on Monday night while it was hosting a police gathering, Taipei Police Commissioner Chen Jia-chang (陳嘉昌) said yesterday. Preliminary findings of a police investigation into the case at the G House Taipei suggest that the unusual incident might have been directed at the restaurant’s owner, who allegedly owes money to the Bamboo Union, Chen said. The suspects were Bamboo Union members and there was no evidence indicating that the cockroaches were targeted at the police officers at the restaurant, he
Taiwan’s armed forces should closely monitor China’s development of a new tanker aircraft, as it would significantly boost the Chinese air force’s capability to carry out long-range raids, a military expert said on Wednesday. Ou Si-fu (歐錫富), a research fellow at the Institute for National Defense and Security Research, said in an online article that China is developing a tanker variant of its Y-20 military transport aircraft, known as the Y-20U. The Y-20 has a maximum take-off weight of 220 tonnes and the tanker variant is expected to carry up to 60 tonnes of fuel, more than three times the maximum
QUARANTINE BLUNDER: The government should be responsible for a cluster infection at a hotel, as the cases have caused panic, DPP Legislator Chen Ming-wen said The Ministry of Transportation and Communications should make it mandatory for pilots and flight attendants, as well as their family members, to be vaccinated in view of a cluster of COVID-19 cases at the Novotel Taipei Taoyuan International Airport hotel, lawmakers said at a meeting of the legislature’s Transportation Committee yesterday. The cluster infection at the hotel had led to 28 confirmed COVID-19 cases as of Tuesday, including hotel workers, as well as China Airlines flight and cabin crew, and their family members. The Central Epidemic Command Center (CECC) yesterday tightened quarantine requirements for pilots and flight attendants, who must quarantine
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