Holiday bonuses for public-sector retirees to be cut starting 2017

Starting 2017, retired government and public school employees who obtain more than NT$25,000 in monthly pension payments will no longer receive a bonus on major festivals, according to a decision made by the government Thursday.

The change is expected to help the government save NT$870 million per year.

At present, retired government and public school employees are each paid NT$2,000 on the Chinese New Year, Dragon Boat Festival and Mid-Autumn Festival holidays.

During a meeting with legislators of the ruling Democratic Progressive Party (DPP), Premier Lin Chuan (??) decided that starting next year, only retirees receiving NT$25,000 or less in monthly pension payments will continue to receive the holiday bonuses, according to Wu Ping-jui (???), a whip of the DPP legislative caucus.

Those who worked as technicians, maintenance workers or drivers at government agencies or public schools will also continue to be paid, Wu said.

This means that only 13,489 retirees from government agencies and 924 from public schools will continue to obtain the bonuses, down from 88,088 and 82,395 at present, he said.

Source: Focus Taiwan News Channel