Taipei, July 11 (CNA) A 79-year-old veteran donated NT$8.2 million (US$273,940) of his life savings and three properties he owns in Taipei to the Veterans Affairs Commission and Genesis Social Welfare Foundation Wednesday to help people in need.
Lu Chen-cheng, who came to Taiwan from his hometown in China's Zhejiang Province at the age of 16, retired from his job as a technician at Taipei Veterans General Hospital 24 years ago after having left the military in 1963.
Before Wednesday's contribution, he had made other contributions to charity, including donating the NT$6,000 a month he earns in interest on his retirement account to help children who have lost their parents.
"My life is simple. I can live on only NT$200-NT$300 a day," Lu said, adding that he still receives a monthly pension of around NT$24,000 per month.
Lu, whose hobbies are reading and using his computer, said he believes that the organizations he made the donations to will manage his assets better than he does.
"My memory deteriorates by the day as I get older," he said.
Veterans Commission head Tseng Jin-ling, who presented a medal of honor to Lu on Wednesday, said Taiwan should not forget the contributions made by veterans who not only laid down their lives to safeguard the country but also made donations to society.
(By Yeh Su-pien and Maia Huang)