Macau has scrapped a controversial retirement bill offering lavish post-work benefits to high-level officials, after thousands of protesters took to the streets, RTHK reported Thursday.
Macau Chief Executive Fernando Chui Sai-on, announced the backdown Thursday morning, saying the retirement bill has run “out of goodwill”.
“Although I look fat, I don’t need more fat [advantage],” Chui joked on local television.
The bill ignited fierce public opposition in Macau, with more than 20,000 people taking to the streets on Sunday in protest against the proposed legislation, media reports said.
A day later, Xinhua published a report from Southern Metropolis Daily questioning the retirement bill. The report asked whether the packages offered to retired top-ranking officials are too generous and why the bill had been initiated without public consultation.
Within hours, the Macau legislature decided to adjourn deliberation.
The bill proposed paying the chief executive 70 percent of his 270,000 pataca (US$33,200) monthly salary throughout his retirement. Retiring principal officials hired from the private sector would receive 30 percent of their remuneration, while those with a civil-service background would get 14 percent.
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