Alexa
  • Directory of Taiwan

Financial aid recipients on the rise: interior ministry

Financial aid recipients on the rise: interior ministry

Taipei, Nov. 7 (CNA) Some 41,000 more families have been approved for financial aid for low-to-medium-income households in Taiwan since the amended Social Assistance Act took effect in July, Deputy Interior Minister Tseng Chung-ming said Monday. As of Oct. 28, over 41,000 households, or some 132,000 people, had been added to the number of low-to-medium-income households that were receiving public assistance before the new measure came into being, Tseng said. According to the Interior Ministry's website, the number of low-income households receiving subsidies in Taiwan grew from 67,191 in 2001 to 114,437 as of the end of the second quarter this year. The amended Social Assistance Act, which was passed by the Legislative Yuan in December 2010 and took effect July 1, 2011, revised its income threshold for low-to-medium income families downward, making more people eligible for subsidies. The thresholds vary in each city and municipality according to the administrative region's cost-of-living and current land value. The social assistance section under the Taipei City government told CNA that 19,529 households in the city had newly qualified for benefits as low-income households since July. No figures were available for the number newly eligible for aid as middle-income households. The city classifies applicants into four categories based on their monthly income and family size. Financial aid ranges from NT$1,400 to NT$14,152 per person per month, according to the Department of Social Welfare's website. In Taipei, a low-income household is defined as one where the average income per member falls below NT$14,794 (US$493), average personal property is below NT$150,000, and the household's real estate holdings are worth less than NT$5.5 million. For a medium-income family in Taipei, average income and personal property per household member is no more than NT$18,755 and NT$150,000, respectively, and the household's real estate holdings are worth less than NT$6.5 million. (By Jamie Wang)


Updated : 2021-06-20 14:51 GMT+08:00