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Perng voices confidence for pension schemes

The China Post--Central Bank Governor Perng Fai-nan (彭淮南) said yesterday that he is confident that he will receive his pension after he retires, adding that people should feel secure in order to have a healthy life.

The governor made the statement during an interpellation at the Legislative Yuan. Legislator Lu Shiow-yen (盧秀燕) and Lee Ying-yuan (李應元) said that although everyone in this county hopes Perng can continue serving as the central bank governor, he would eventually have to retire. They asked the governor if he is worried that he might not get his pension when he retires as pension schemes are facing so many difficulties.

The governor stated that people should have more confidence in the government. He also praised Finance Minister Chang Sheng-ford (張盛和) as a competent government official.

Perng pointed out that the reason for the current financial difficulties faced by the government is the low tax burden borne by the general public. The governor, however, emphasized that raising taxes is not the only solution for the crisis. He said that it requires the cooperation of local governments and the central government on financial matters to solve these problems.

Chang said that despite the difficult nature of the issue of pension schemes, people in Taiwan still have 20 years to solve the problem.

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