In the process of economic growth in Taiwan, the agricultural sector lags behind other sectors. In addition to social problems for the elder farmers bring economic and political problems at the national level. Therefore, this research try to build a pension scheme for farmers in order to promote the agricultural structural adjustment process. The research method introduced a normative policy analysis, to clarify the key role which the farmers' old-age security plays in this context for economic growth. The main discussion focused on strengthes and disadvantages between the specific and universal pension systems. Furthermore, the ”Land Transfer Requirements” integrated into farmer's pension scheme would also be discussed, including its political feasibility and effectiveness of structural adjustment and income redistribution.