Taiwan Plans NT$5,000 Monthly Growth Allowance; Cash for Under 6, Half-Savings for 6-18
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President Lai Ching-te has proposed a monthly 'growth allowance' of NT$5,000 for every person aged 0 to 18. According to the Ministry of Health and Welfare, this means children aged 0-2, who already receive a NT$5,000 childcare allowance, will get an additional NT$5,000 in cash, totaling at least NT$10,000. For those aged 6 to 18, half the allowance will be paid in cash and half saved into a future fund. The initial plan is for a universal, non-means-tested benefit.