The Manx Government has pledged to retain the universal "free" over-75 TV licence until at least 2023.
The BBC reneged on earlier promises to the UK Government by removing the concession from 3.7 million pensioner households from 1st August 2020.
The Manx Government, which oversees TV licence rules on the Island, chose to delay implementation of the reforms until at least 2021.
It has now further committed to funding the concession for every over-75 household on the Island until at least the end of 2022.
The move, which will cost the Manx Government around £800,000, was announced by Treasury Minister David Ashford, who said it would "allay any anxiety" over-75s had about paying the £159 annual fee for another year.
Mr Ashford said: "Consideration will now be given to how provision may look in the future and an update will be made in due course around any conditions which may be established."
The Manx Government will write to each eligible household inviting them to enrol in the scheme.
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