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Civic groups warn of impending financial crisis


Union of Taiwanese Teachers director Neil Peng, second left, yesterday speaks at a news conference in Taipei, urging the government to reform the pension system.
Photo: Chu Pei-hsiung, Taipei Times

A number of civic groups yesterday said that President Tsai Ing-wen (蔡英文) should be wary of an impending financial crisis facing the nation if the pension system does not undergo a systematic reform.

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Ill-gotten asset panel to ‘settle’ accounts: Koo

Committee of Illegal Party Asset Settlement Chairman Wellington Koo (顧立雄) yesterday said the organization would return the ill-gotten assets obtained by the Chinese Nationalist Party (KMT) during its authoritarian rule to their rightful owners.

During a plaque unveiling ceremony in Taipei, Premier Lin Chuan (林全) presented Koo with a seal and an appointment order, officially launching the committee.

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Newsflash

Younger Aboriginal rights protesters yesterday argued with government officials and older campaigners over how to grant official recognition to Pingpu Aborigines at the final Council of Indigenous Peoples consultative forum.

“Pingpu” is a general term used for Aborigines originally living in lowland areas and who were considered more “assimilated” than Aborigines who lived in mountainous areas or the east coast during Japanese colonial rule.