Government: "Emergency Disaster Relief Funds Cannot Be Seized... Payment to Vulnerable Groups on the 4th" (Update)

Kim Kang-rip, 1st General Coordinator of the Central Disaster and Safety Countermeasures Headquarters

[Asia Economy Reporter Buaeri] The government announced on the 1st that it will designate the COVID-19 emergency disaster relief funds as "exemption from seizure" to prevent them from being seized due to debts or other issues.

Kim Kang-rip, the first chief coordinator of the Central Disaster and Safety Countermeasures Headquarters, stated at a regular briefing held at the Government Complex Sejong on the same day, "We will ensure that the emergency disaster relief funds, which are urgently needed cash support for vulnerable groups, are not seized."

Kim explained, "Some households among the cash payment recipients are using seizure-protection accounts," adding, "These seizure-protection accounts have restrictions in that only funds specifically exempted from seizure by individual laws, such as livelihood benefits and basic pensions, can be deposited."

Kim further said, "Accordingly, the government has decided to include the emergency disaster relief funds in the seizure exemption category and to pay them through seizure-protection accounts," adding, "The plan to provide cash to vulnerable groups starting from the 4th will be implemented without any issues."

Following the approval of the second supplementary budget for COVID-19 emergency disaster relief payments by the National Assembly on the 30th of last month, all citizens will receive support funds.

The government will provide emergency disaster relief funds in the form of cash, credit/debit cards, local love gift certificates, or prepaid cards depending on the applicant and payment method.

The emergency disaster relief funds will be paid in cash to approximately 2.7 million households in urgent need of support, such as those receiving livelihood benefits, basic pensions, and disability pensions.

Among the 2.7 million households receiving emergency disaster relief funds in cash, about 235,000 households receive welfare benefits through seizure-protection accounts.

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