Taiwan workers and unions march for pension reform and migrant worker coverage
Updated
Updated · Taiwan News · May 1
Taiwan workers and unions march for pension reform and migrant worker coverage
6 articles · Updated · Taiwan News · May 1
On Labor Day, rallies in Taipei and Kaohsiung urged raising employer pension contributions to 12% from 6% and extending retirement protection to migrant and home-service workers.
Marchers outside the Presidential Office said the monthly pension scheme introduced 20 years ago lets employers cut costs while leaving retirees with inadequate security.
They also sought changes to the pre-2005 lump-sum pension system by scrapping the 45-month average wage cap, as Taiwan marked Labor Day as a general holiday for the first time.
How might rising employer pension contributions reshape Taiwan's job market and economic competitiveness in the next five years?
Could Taiwan's pension reforms for migrant workers set a precedent for labor rights across Asia, or will loopholes continue to exclude the most vulnerable?