1. Calculation of the Payment Amount
The monthly contribution amount by the farmer shall be calculated based on the monthly minimum wage of labors announced by the Ministry of Labor, multiplied by the payment ratio. The payment ratio shall be decided by farmers within a range of 10%, and shall be an integer.
[Example]: Farmers' Association A declares that Farmer A has started making payment on August 1, 2026. The payment ratio is 10%. The minimum wage of labors announced at that time is NTD29,500. The amount to be made by Farmer A for August 2026 shall be: NTD29,500 x 10% x 2 = NTD5,900.(Farmer A bears 40% of NT$5,900, namely NT$2,360. After Farmer A makes the payment in accordance with the regulations, the competent authority will deposit the remaining 60% of the contribution, namely NT$5,900 minus NT$2,360, which equals NT$3,540, into Farmer A’s individual Farmer Pension savings account.)
2. Payment Methods and Related Explanation
(1) Payment Methods: To make payment for the contribution, the farmer should apply for automatic fund transfer from the Credit Department of the base level farmers' association or district fishermen's association through which they are covered by FHI. If there is no Credit Department in the farmers' association(fishermen's association), he/she shall apply for automatic fund transfer from the post offices.
(2) Related Explanation:Farmers who fall under any of the following circumstances shall be deemed to have voluntarily stopped making contributions. Those who wish to make contributions again must complete an application form and reapply to the basic-level Farmers' Association or district Fishermen's Association in the place of their household registration:
A. The Bureau of Labor Insurance has been unable to deduct the Farmer Pension contributions payable by the farmer for six consecutive months.
B. The farmer makes contributions on the basis of participation in Labor Insurance or National Pension Insurance, and an employer has made Labor Pension contributions for the farmer for six consecutive months.