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Realtime News
Military Pension Announcement
Posted on 2017-11-14 19:16:13
The Ministry of National Defense has revealed its draft proposal for military
pension reform.

Under the bill, the minimum monthly pension payment for a veteran would be
32, 160 NT.

Otherwise, the monthly payout would be calculated off the base pay for their
last three years of service.

Military personnel would be eligible for full pension benefits if they served
for 20 years, with extra retirement pay for every year served beyond that.

Those who don't do the full two decades will get half-payments.

The changes are expected to extend the lifespan of the military pension
system to at least 30 years.


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