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The Decision to Halt Cuts to Civil Servant and Teacher Pensions Has Been Passed in Its Third Reading; the Income Replacement Rate Will Be Reverted to the 2023 Level.
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On the afternoon of December 12, the Legislative Yuan, with a majority from both the Kuomintang (KMT) and the White House (Taiwan) coalitions, passed the amendment to the retirement pension system for civil servants in its third reading. The amendment confirms the cessation of cuts to the income replacement rate for retired civil servants and reverts to the upper limit set in 2023. The previously reduced replacement rate will no longer apply fro…
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