Lee Jae-myung's 'Youth Basic Income' Applications Open from the 16th... 250,000 KRW Quarterly

[Asia Economy (Suwon) = Reporter Lee Young-gyu] The application period for the second quarter of the 'Youth Basic Income,' a key youth policy of Gyeonggi Province Governor Lee Jae-myung, will be held from the 16th to the 27th.

Gyeonggi Province originally planned to accept applications for the second quarter of the 'Youth Basic Income' starting in June and to make payments by July 20th. However, to provide prompt support to youths and small business owners struggling due to COVID-19, the schedule was moved up by about two months. Accordingly, the payment date will begin on the 8th of next month instead of July.

The eligible applicants are youths aged 24, born between April 2, 1995, and April 1, 1996, who have continuously resided in Gyeonggi Province for more than three years or whose total days of residence amount to more than ten years, and who currently have their resident registration in Gyeonggi Province.

Eligible youths can sign up on the Gyeonggi job platform Jobaba (apply.jobaba.net) and apply online or via mobile. The only required document is a resident registration abstract (issued after April 16, including address history for the last five years or entire period). Youths who applied in advance for automatic application last quarter will be subject to review without a separate application.

After verifying the applicant's age and residence period, the province will pay 250,000 KRW in local currency for the second quarter starting from the 8th of next month, in the form of an electronic card or mobile payment.

Selected recipients will receive a confirmation message via text, and the card will be delivered to the address entered during application. Once the card is received and registered through the customer center or mobile app, it can be used like a check card freely within the local area at traditional markets and small business establishments as cash.

However, usage is restricted at department stores, large supermarkets, corporate supermarkets (SSM), entertainment establishments, and similar venues.

For more details, contact the youth welfare department of each city/county, the Gyeonggi Call Center (031-120), or the internet portal 'Jobaba.'

This content was produced with the assistance of AI translation services.