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.| 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 |
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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.