The government should not change labor pension fund management regulations to allow workers to select their own investment targets, workers’ rights advocates told a news conference in Taipei yesterday.
“We urge the Ministry of Labor to maintain its position on the issue and resist lobbying from securities investment firms, which have been coveting this fat cow [labor pension funds] for years,” Taiwan Labor Front secretary-general Son Yu-liam (孫友聯) said, adding that the group is also planning to petition lawmakers to resist the change.
At the center of the issue is the state-run Labor Pension Fund, which has accumulated about NT$3.1
A remark by President Tsai Ing-wen (蔡英文) on Monday that the government hopes to continue raising the nation’s monthly minimum wage every year drew mixed reactions from labor unions and trade groups yesterday, from expectations about a steeper increase next year to concerns over adverse effects on businesses already affected by COVID-19 restrictions.
Taiwan Labour Front secretary-general Son Yu-liam (孫友聯) said he welcomed Tsai’s announcement and expected that a wage hike next year would be larger than the increase this year, the state-run Central News Agency (CNA) quoted Son as saying.
This year, the monthly minimum wage was raised by 5.21 percent
INDUSTRY-SPECIFIC: Some SMEs have been hit by COVID-19 restrictions, so there should be support for those that cannot afford a minimum wage hike, a group saidBy Chen Cheng-hui / Staff reporter
The Ministry of Education has banned Kao Yuan University from enrolling overseas students for the next academic year, after students complained of being forced to work excessive hours in jobs unrelated to their studies.
Democratic Progressive Party Legislator Fan Yun (范雲) and Taiwan Labour Front secretary-general Son Yu-liam (孫友聯) yesterday hosted a news conference at the legislature in Taipei to present the complaints brought by two Philippine students.
The students in the university’s international bachelor program of industry-university cooperation last month called the Ministry of Education’s hotline for overseas students, saying that the internship program was inappropriate, and that the school had