The Legislative Yuan today passed the “Middle-aged Generation Policy and Industrial Development Act,” aimed at developing the middle-aged generation’s industrial capabilities and supporting their mental and physical health.
The act defines the middle-aged generation as people aged 55 and over with the ability and willingness to work.
The legislation would take effect on Jan. 1 next year with the National Development Council as the competent authority.
Photo: Tien Yu-hua, Taipei Times
The government would have two years from implementation to publish a white paper on national policies targeting the age group.
The government should conduct periodic reviews based on policy performance and domestic and international developments, the bill states.
The act has five distinguishing features, said Taiwan People's Party Legislator Wu Chun-cheng (吳春城), who pushed for the legislation.
The act would help Taiwan painlessly move from an aged society to a super-aged society, earning the support of all parties, Wu said.
Premier Cho Jung-tai (卓榮泰) promised to create an interdepartmental group of 14 different government agencies to promote the policy, he said.
The act supports both care and development for the middle-aged generation, simultaneously reducing pressure on younger generations, he added.
The act stipulates that the government should promote the development industry for the age group, cultivating entrepreneurship and industrial chains.
Additionally, it should establish financial action plans for the generation and provide relevant education to strengthen financial literacy.
The act further stipulates that agencies should work together with public and private sectors and academic institutions to strengthen research and applications on topics related to the generation.
The competent authority must also conduct a national survey on the status of the middle-aged generation at least once every five years, publishing their findings in a report.
The government should promote the employment of the middle-aged generation with flexible working models, develop respectful and friendly workplace environments and establish suitable matching and training mechanisms, the act says.
It also stipulates that the government should promote investment in relevant medical care to support the mental and physical health of the generation.
The government should also promote tourism development for the middle-aged generation, establishing a targeted marketing brand and encouraging them to participate in tourist activities.
Regarding agriculture, the government should enhance technology and farm management for middle-aged farmers, it says.
It lastly requires the government to publish annual statistics about the generation.
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