Taiwanese military veterans on Wednesday scuffled with police as they tried to storm parliament in the latest of a series of protests against planned pension cuts. Some protesters vowed to stay overnight as parliament was scheduled to review a pension reform bill for military veterans on Thursday. Proposed pension cuts for the veterans are part of wider cutbacks in Taiwan that have triggered mass street protests as well as clashes inside parliament among lawmakers. Taiwan’s pension schemes vary for different occupations and public-sector retirees typically receive more generous packages than workers from other sectors. The government has warned that various pension funds could go bankrupt as early as 2020 if the system is not overhauled.

Source: The Guardian April 25, 2018 13:52 UTC