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DPP's Tsai vows to reform pension system if elected

DPP's Tsai vows to reform pension system if elected

Taipei, Dec. 30 (CNA) Tsai Ing-wen, the presidential candidate of the opposition Democratic Progressive Party (DPP), vowed Wednesday to reform Taiwan's nearly bankrupt retirement pension system if she is elected president next year.

In a televised presentation by Taiwan's three presidential candidates of their policy platforms, the DPP chairwoman reiterated her plans to assemble a pension reform committee, which she said will comprise scholars, experts and representatives of different sectors.

The government will release actuarial data as reference, and the committee members will put forward a concrete reform plan, which will be submitted to a national conference on pension reform for further discussion and then sent to the Legislature for approval, she said.

"We estimate that results can be attained within six months, or no more than a year," Tsai said.

Pension reform is one of the five major reforms that Tsai has proposed during her presidential campaign, in the run-up to the Jan. 16 presidential election. (By Christie Chen)

Updated : 2021-05-10 07:42 GMT+08:00