Does the government also promise the guaranteed minimum rate of return on the Farmers’ Pension Fund?

Yes, the return on the Farmers’ Pension Fund during the period of its uniform management and utilization will not be lower than the interest of the local bank’s two-year fixed term deposit rate, which means the accumulated returns from the beginning date of contribution to the date of applying for pension payment will not be lower than the accumulated interest calculated at the annual average rate of the local bank’s two-year fixed term deposit rate in the same period.