Taiwan passes bill to cut veterans’ pensions that sparked violent protests
Taiwan’s military veterans will see their pensions cut as soon as next month after parliament passed a controversial bill that had sparked violent demonstrations.
Wednesday’s vote marks a victory for President Tsai Ing-wen, whose attempts to make sweeping pension cutbacks since she came to power two years ago have faced intense opposition.
Senior veterans will see their monthly stipend cut by more than 20 per cent over the next decade, after a smaller initial drop, according to official estimates.
Read More: South China Morning Post