Legislature Raises Farmer Allowance to NT$15,000, Eases Eligibility
What happened
The Legislative Yuan passed amendments raising the monthly allowance for elderly farmers from NT$8,110 to NT$15,000, and eased eligibility requirements, with the changes taking effect retroactively from July 1. The amendments also introduce a mechanism to review the allowance every two years, with the central government covering additional costs if the consumer price index rises by 3 percent. The non-agricultural income threshold for applicants was raised from NT$500,000 to NT$600,000.
From ltn.com.tw
Why it matters
The amendments increase social welfare spending and raise the ceiling on the assessed value of land and housing for applicants. The changes were passed after the Chinese Nationalist Party and Taiwan People’s Party caucuses jointly proposed the NT$15,000 increase, contrasting with the Cabinet’s initial proposal of NT$10,000.
A wide-ranging Farm Bill has been introduced, determining the future of the agricultural sector through policy inclusion and funding provisions.
From ltn.com.tw
Who's involved
- Legislative YuanPassed the amendments raising the farmer allowance
- Democratic Progressive PartyDefended the allowance increase through its caucus
- cabinetPreviously approved a version of the amendments proposing a NT$10,000 allowance
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The entities involved
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Democratic Progressive Party
in Singapore
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Legislative Yuan
unicameral national legislature of the Republic of China (Taiwan)