Chen Shui-bian: Former Taiwanese President Indicted, Will Keep Pension

Chen Shui-bian: Former Taiwanese President Indicted, Will Keep Pension

Taipei, Dec. 12 (CNA) Former President Chen Shui-bian will continue to receive his retirement benefits despite being indicted Friday on money-laundering and corruption charges, according to a Presidential Office source.

Chen will continue to receive the benefits former presidents are entitled to, including a monthly pension of NT$250,000 (US$7,485) and reimbursement of expenses for an office staff and chauffeur, unless he is convicted and has exhausted all avenues for appeal, the source said.

According to the law governing the benefits of retired presidents and vice presidents, ex-presidents receive NT$8 million in overall retirement benefits in their first year after leaving office.

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