Cabinet proposes bill to raise older farmers’ subsidies - News Summed Up

Cabinet proposes bill to raise older farmers’ subsidies


Cabinet proposes bill to raise older farmers’ subsidiesTHRESHOLD CHANGE: About 7,000 farmers are expected to benefit from the changes, bringing the total people eligible for the subsidies to 530,000By Jake Chung / Staff writer, with CNAThe Executive Yuan yesterday proposed a bill to raise the monthly subsidy for older farmers to NT$10,000 (US$317) from NT$8,110, requiring a budget increase of NT$12.9 billion. The bill would be submitted to the Legislative Yuan for review. About 14,505 people are ineligible for farmers’ subsidies, the Executive Yuan said. About 7,000 farmers are expected to benefit from the amendment and become eligible for the older farmer subsidy, bringing the total number of people eligible for the subsidies nationwide to 530,000, it said. Farmers aged 65 or older who have been enrolled in farmers’ insurance for at least 15 years are eligible for the monthly benefit, which was initially set at NT$3,000 and raised to NT$7,000 in 2011.


Source: Taipei Times January 15, 2026 17:12 UTC



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