Early retirement scheme proposed

Early retirement scheme proposed - 2001 - Herald 21 March 2001, 24(1) .

Farmers' leaders have presented plans to government that would allow farmers between the age of 60 and 65 with an annual income lower than £9,200 and net worth below £16,000 to leave the industry. Rural Development Regulation funding would then be used to provide retired farmers with incomes of up to £8,500 pa. The cost of the scheme is estimated at £25m but would allow the redeployment of land and buildings as a part of a wider restructuring of the industry.


EUROPEAN FUNDING
FARMERS
FARMING INDUSTRY
RESTRUCTURING
RETIREMENT RELIEF
RETIREMENT TENANCIES
RURAL DEVELOPMENT REGULATION