The National Federation of Teachers Unions has started a hunger strike following claims the government has failed to properly fund teachers' pensions. The potential budgetary crisis started after new pension policies resulted in gaps of funding as new teachers are brought in. The union is demanding the government make up for gaps in a 20-year funding plan or switch to a 10-year fund.
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00:00Teachers in Taiwan are starting a hunger strike after policy changes last year left gaps in
00:05funding for civil servants' pensions.
00:07ęåę! ęęč®®!
00:14The National Teachers' Union says the government has not responded to its warnings that current
00:19planning risks costing more in the long term and leaving pensions funds in peril.
00:24By law, the government must make up the shortfall in funding for civil servant pensions, but
00:29has chosen to spread the cost over two decades.
00:32The protesting union is asking the government to fulfill its commitment in 10 years instead
00:37to ensure the fund has faster access to the money it needs.