Labor groups call for pension rise

Labor groups yesterday called on the government to raise employers’ mandatory pension contributions to 15 from 6 percent, arguing that workers have not received a fair share of Taiwan’s economic and productivity gains.“Over the past two decades, Taiwan’s workers have created greater economic value almost every year than they did before,” Taiwan Solidarity Front Confederation of Trade Unions chairman Ho Cheng-chia (何政家) said at a news conference at the Legislative Yuan in Taipei.“But the additional profits they generated have not been reflected in their compensation,” Ho said, citing a report last month by think tank Taiwan Political Economy Collaborative that found that the productivity-pay gap had widened further after 2023 with the growth of artificial intelligence. Members of labor grou