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BackThe elderly society in Taiping District, Taichung is in financial crisis! With a monthly loss of more than 7 million and facing liquidation, 400 members flocked to the clubhouse to argue without consensus.
The elderly society in Taiping District, Taichung is in financial crisis! With a monthly loss of more than 7 million and facing liquidation, 400 members flocked to the clubhouse to argue without consensus.
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自由时报1 hour agoBusiness2 min readChinaView original

The elderly society in Taiping District, Taichung is in financial crisis! With a monthly loss of more than 7 million and facing liquidation, 400 members flocked to the clubhouse to argue without consensus.

It was reported that the Taichung Taiping District Elderly People's Association suffered an average monthly loss of more than 7 million yuan and may face liquidation and dissolution. About 400 members rushed into the association hall on the 24th to protest and discuss the protection of their rights and interests. There was a quarrel at the scene but no consensus.

Quick Look

  • The Taichung Taiping District Elderly People's Association has experienced a financial crisis.
  • It is said that it is losing more than 7 million yuan a month and may be liquidated and disbanded.
  • 400 members poured into the clubhouse to argue about the continued operation and payment of membership fees.

AI-generated summary

Why It Matters

The Taichung Taiping District Elderly People's Association has more than 6,000 members. It is reported that it is losing more than 7 million yuan every month due to the mutual aid system where it pays less and receives more money.

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"Where does our money go?" There will be a financial crisis for the elderly in Taiping District, Taichung! It was reported that the average monthly loss was more than 7 million yuan and that it might be liquidated and disbanded. On the 24th, about 400 members poured into the clubhouse and argued over "continuation of operation or liquidation", "whether membership fees should be paid" and the protection of rights and interests after liquidation. In the end, there was still no consensus and no conclusion.

It is understood that this old man has more than 6,000 members, and many people pay 2,000 yuan in membership fees every month, even for more than ten or twenty years. When he joined, he hoped that through the mutual aid system, his family would be able to receive a funeral subsidy after his death in the future. Now, because "fewer people are paying, more people are receiving money", there are rumors that finances are tight and may be liquidated, which makes it difficult for many members to accept.

The atmosphere at the scene was heated yesterday. Members requested that the account books be spread out to clarify where the money paid by members over the years has been used. Some people believed that since serious losses have occurred, they should be dealt with head-on. Others advocated that the elderly association should continue to operate and continue the system by reducing expenditures and other methods, and did not want to be disbanded overnight.

Another question that worries members is "Do I still need to pay membership fees now?" If it really goes into liquidation, how should members' subsequent rights and interests be protected? It also became the focus of controversy at the scene. Some members revealed that if calculated on a simple average, each person would be about 30,000 yuan. However, this does not represent the actual amount that members can receive back. It still depends on debts, assets and the results of liquidation. However, from "continuing operations" to "whether to pay fees" to "how to protect members' rights in the event of liquidation", the opinions of all parties are still completely different.

In addition to the heated discussion among members yesterday, a total of 7 current and planned candidates for the Blue, Green, White and Independent city councilors also came to the scene to show concern. Due to the gathering of people, the police also sent personnel to the scene to divert traffic.

Open Questions

  • How to use the account books of the Senior Citizens Association over the years?
  • How to protect members’ subsequent rights and refunds?

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This article was originally published by 自由时报.

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