Farmer Pension Act Article 16

Farmers who have not yet reached 65 years of age may apply to collect their farmers’ pensions and halt payments into their accounts if they meet any of the following criteria:1. Persons collecting disability benefits under the FHI Act and who have been determined by their insurer to be unable to continue to engage in agricultural work.2, Persons collecting disability pension benefits or the single payment for a disability of Grade 3 or above under the Labor Insurance Act.3. Persons collecting the mental/physical disability pension payment or the mental/physical disability basic guaranteed pension payment under the National Pension Act.4. Insured persons not covered by the preceding three Subparagraphs but who meet the criteria for being mentally or physical disabled as set out in the Acts mentioned in the previous three Subparagraphs.The number of years for which a farmers’ pension shall be collected in accordance with the provisions of the preceding Paragraph shall be determined by the farmer, and the payments shall be made monthly.For a farmer who applies to collect his/her farmers’ pension and halt payments in accordance with Paragraph 1, if before the age of 65 he/she can continue to engage in agricultural work, he/she can, in accordance with this Act, apply to begin making payments into a farmers’ pension again, with the actual period of payments recalculated.