Gyeonggi-do to Pay 240,000 KRW Combat Honor Allowance by End of This Month... 90,000 KRW Increase Compared to Last Year

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will pay all 'Veterans Honor Allowance' by the end of this month. The province previously raised the Veterans Honor Allowance from 150,000 won to 240,000 won, an increase of 90,000 won (60%).

The province has been providing the 'Veterans Honor Allowance' since 2016 to veterans registered with the Ministry of Patriots and Veterans Affairs residing in the province, in recognition of their sacrifice and dedication during the Korean War and the Vietnam War.

There are 61,681 veterans in the province, the highest number among metropolitan local governments nationwide. To support this increase, the province has allocated a budget of 15.6 billion won, which is 5.5 billion won more than last year.

The Veterans Honor Allowance is paid once annually and will be distributed by the city or county of the recipient's registered address by the end of this month without a separate application.

A provincial official emphasized, "The increase in the Veterans Honor Allowance was an essential measure to strengthen the respect for veterans, so we have prepared the largest budget ever. We will strive not only to increase the allowance but also to develop various projects to provide the best possible respect nationwide."

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