Taiwan military veterans clashed with police over pension cutbacks

Vastavam web: Protesters including senior military veterans pushed down a gate to Taiwan’s parliament building today and clashed with police as they tried to storm in over pension cutbacks.One former colonel was in a critical condition in hospital after attempting to climb a wall and falling.Legislators passed a pension reform bill last June, cutting civil servants’ generous pension packages as the government warned it could no longer pay out on the high-interest deals.

A separate bill targeting military pensions is expected to be discussed in the current parliament session.Dozens of protesters Tuesday pushed down a gate to the parliament compound in downtown Taipei as police attempted to stop them from rushing in.Retired general Wu Sz-huai fainted in the skirmish while former colonel Miao Te-sheng was seriously injured.It called for the bill passed last year to be halted and for government negotiations to be held over the military pension plan.

The presidential office appealed to protesters to remain calm and said the government had taken account of veterans’ concerns in drafting reforms.”Military pension reforms are to ensure the pension system can develop sustainably,” it said in a statement.aiwan’s pension schemes vary for different occupations and public sector retirees typically receive more generous packages than workers from other sectors which fall under a different labour pension system.The government has warned that various pension funds could go bankrupt as early as 2020 if the system is not overhauled.