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Home The News News Tsai Ing-wen needn’t apologize: Lee

Tsai Ing-wen needn’t apologize: Lee

Former president Lee Teng-hui (李登輝) yesterday said Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) did not need to apologize for the controversy caused by her pension savings account that provides an 18 percent preferential interest rate.

Lee said reform of the system must be fair and just and the focus must be on the system, rather than on individuals collecting the dividends.

“The crux of the problem lies in the system,” Lee said. “Tsai has taught at National Chengchi University, served on the National Security Council and in the Cabinet as vice premier. She has every right to get the 18 percent preferential rate on her pension and she cannot be blamed for opting to take it.”

Lee made the remarks during a question-and-answer session before he and his wife, Tseng Wen-hui (曾文惠), met Taiwanese golfer Yani Tseng (曾雅妮) at their residence in Waishuang Creek (外雙溪), Shihlin District, Taipei.

Lee said some public servants received the 18 percent preferential rate for their savings because their monthly salaries were low in the past. A high interest rate helps them have a better life after retirement.

However, conditions have since changed and public servants today have higher salaries, while bank interest rates are as low as 1 percent, he said.

If the administration wants to fix the problems caused by the 18 percent preferential interest rate, it must adhere to the principle of fairness and impartiality, and focus on the system rather than on individuals, Lee said.

When asked whether he collects the 18 percent preferential rate on his pension savings, Lee said he never does. During his 50 years of public service, Lee said he served as the head of state for 12 years. Although his monthly allowance was halved after the legislature amended the Statute Governing Preferential Treatment to Retired Presidents and Vice Presidents (卸任總統副總統禮遇條例) in 2001 to NT$250,000 a month, the money was enough to support him and his family, he said.

Lee said the Examination Yuan should tell the public whether President Ma Ying-jeou (馬英九) and Vice President Vincent Siew (蕭萬長) collected the money accrued from their savings at the 18 percent preferential rate before they were elected to their current positions.

“It is an old system,” he said. “The Examination Yuan should make public related information so the Presidential Office will not continue to bicker with the DPP.”

As to whether the time a public servant served the Chinese Nationalist Party (KMT) should be included in their time of public service, Lee said the services should not be mixed together.
 


Source: Taipei Times - 2011/01/18



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Newsflash


Students and demonstrators against the controversial cross-strait service trade agreement last night break into the compound of the Legislative Yuan and occupy the podium on the legislative floor.
Photo: Chang Chia-ming, Taipei Times.

Opposition parties and civic groups are working together on a full-scale protest that includes legislative boycotts, a “siege” of the legislature and street rallies after the Chinese Nationalist Party (KMT) cut short the review of the cross-strait service trade agreement on Monday and sent the pact directly to the plenary session for its second reading.

At about 9pm, more than 300 students and demonstrators broke from the rally outside the Legislative Yuan, broke into the compound and took over the podium on the legislative floor.