Pension Insurance should be responsibility of policy holders

SMU Adjunct Professor of Applied Finance Kang Jung Pao gave his views on the ongoing controversies surrounding the National Pension Insurance Fund in Taiwan. He said that the Taiwanese Government should not make rash decisions, but should instead focus only on regulating products and institutions, and let policy holders be responsible for insuring their own pensions. In this way, citizens would not panic due to the possibility of the fund's bankruptcy.