Check your bankbook now! According to the latest remittance schedule announced by the Bureau of Labor Insurance of the Ministry of Labor, today (20th) is the deposit day for farmers' monthly retirement savings and old-age farmers' allowances. The funds will be remitted to the designated personal accounts of eligible citizens. There are still 14 related benefits and subsidies to be remitted by the end of July.
What is the difference between old-age farmers' allowances and farmers' retirement savings? How much can be received? Regarding the old-age farmers' allowances, they mainly take care of farmers and fishermen who have been engaged in agriculture and fisheries for a long time. The recipients are citizens who are 65 years old or older, have a household registration in Taiwan, and have a total of 15 years or more of agricultural insurance when applying. They can receive the full allowance of 8,110 yuan. If they have participated in agricultural insurance before July 17, 2014, and have continued to participate, and have 6 months or more but less than 15 years of participation when applying, they can receive half of the allowance, which is 4,055 yuan. As for farmers' retirement savings, it is based on the labor retirement pension system and started in 2021. Farmers and the government jointly contribute to the retirement savings, and the Bureau of Labor Insurance sets up individual accounts. When farmers reach the age of 65, the principal and accumulated earnings in the account can be withdrawn monthly, providing farmers with a second layer of security in addition to the old-age farmers' allowances. The Department of Farmers' Guidance of the Ministry of Agriculture has conducted a simulation. If farmers choose to contribute the highest 10% from the start in 2021, combined with the old-age farmers' allowances, when they retire at the age of 65 in 2025, the monthly security amount can successfully exceed 10,000 yuan. National pension is also issued this day! Which benefits will be deposited in the second half of the month? In addition to the farmers' related benefits deposited on the 20th, the maternity benefits of the national pension insurance are scheduled to be issued on the 23rd. On the 24th, the basic old-age guarantee pension of the national pension insurance and the aboriginal benefits of the national pension insurance will be deposited in succession. These funds will be directly remitted by the Bureau of Labor Insurance to the personal accounts opened by the applicants at the credit departments of primary agricultural associations, fishery associations, or post offices and other financial institutions. Citizens can check through online banking or confirm by logging into their physical passbooks. Month-end payment peak! On which day can the labor insurance pension be received? The payment peak in July is concentrated on the last two days of the month. On July 30, 2026, a total of 5 items will be deposited, including labor insurance pension benefits, disaster insurance pension benefits, disaster insurance disability care subsidies, labor retirement monthly retirement pension (first issuance), and national pension insurance maternity benefits. On the payment day of July 31, it covers prenatal check-up leave and accompanying prenatal check-up leave salary subsidies, national health insurance disability pension benefits combined with labor insurance seniority, national pension insurance old-age pension benefits, national pension insurance funeral benefits, national pension insurance survivor pension benefits, and national pension insurance disability (basic guarantee) pension benefits, among other rights. Citizens who have applied for related subsidies should pay attention to the fund adjustment in their accounts on the specified dates. July schedule of various allowances and benefits to be issued Deposit date Benefit item/benefit name Key points and amount 7/20 Farmers' monthly retirement savings Old-age farmers' allowance Full amount 8,110 yuan Half amount 4,055 yuan 7/23 National pension insurance maternity benefits Scheduled deposit day 7/24 National pension insurance basic old-age guarantee pension National pension insurance aboriginal benefits Scheduled deposit day 7/30 Labor insurance pension benefits Disaster insurance pension benefits Disaster insurance disability care subsidies Labor retirement monthly retirement pension (first issuance) National pension insurance maternity benefits Month-end deposit peak A total of 5 items will be deposited in succession 7/31 Prenatal check-up leave and accompanying prenatal check-up leave salary subsidies National health insurance disability pension benefits combined with labor insurance seniority National pension insurance old-age pension benefits National pension insurance funeral benefits National pension insurance survivor pension benefits National pension insurance disability (basic guarantee) pension benefits The last wave at the end of the month A total of 6 items will be deposited
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- Source: PR Times
- Category: News