• 2 days ago
A plan to raise the maximum pension payments for retired police and firefighters is on uncertain ground after the Cabinet blocked it Tuesday. The opposition majority has vowed to overrule the Cabinet, setting the stage for a new partisan battle.
Transcript
00:00A plan to improve first responders' retirement benefits is in limbo after the cabinet blocked
00:06it Tuesday.
00:07Right now, the pension system pays up to 75 percent of what retired police officers and
00:13firefighters make while on the job.
00:16Lawmakers voted last session to raise that cap to 80 percent.
00:20Not everyone would get more.
00:22This maximum only applies to people who've worked a full 36 years.
00:26Premier Zhu Rongtai says even so, raising the cap would be hard to do financially,
00:32and he's told the legislature it needs to vote on the issue a second time.
00:36The opposition majority says it'll vote to keep the changes.

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