A “member-choice” system is due to get a two-year trial. Taiwan has historically been conservative in its approach to pensions, preferring to assure its citizens a guaranteed if modest return. But as AmCham Taipei has long argued in its annual Taiwan White Paper, that approach is not necessarily in the best interest of all investors….
More education is needed on the importance of investment and savings for old age. Taiwan will soon join the ranks of “super aged” societies, with one in five Taiwanese 65 years old or older by 2025. Among the factors regarded as contributing to Taiwan’s extremely low birth rate are stagnant wage levels, which have made…
Taiwanese Trekker Found Alive in Nepal A Taiwanese trekker who disappeared in the mountains of Nepal with his girlfriend has been rescued after 47 days in the wilderness, just three days after his girlfriend died. Liang Sheng-yueh, who turned 21 on Friday, and Liu Chen-chun, 19, went missing in early March while trekking in northwestern…
The aging of Taiwan’s society is hitting its pension system hard, with fewer people paying into national pension schemes and more people drawing off them. Pension reform has been the subject of controversy for years, and with the Tsai administration putting its full weight behind it, the issue has erupted into a major conflagration, with…
