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Early retirement scheme proposed

Series: Herald ; 21 March 2001, 24(1)Publication details: 2001Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3712-44 (Browse shelf(Opens below)) 1 Available 111597-1001

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.