Gwangju City Provides 'Special Childcare Allowance' to Child Allowance Recipients
[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 23rd that it will temporarily provide the ‘Special Childcare Support’ fund (fully funded by the national government) to households with children to reduce the economic burden caused by increased childcare and parenting due to COVID-19.
The ‘Special Childcare Support’ is a project that provides a total of 200,000 KRW (in cash) per child to households with children in elementary school or younger (children born between January 2008 and September 2020).
The target recipients in Gwangju are approximately 76,000 preschool children receiving child allowance as of September (children born between January 2014 and September 2020), and the payment will be automatically deposited into the guardian’s account registered for the child allowance payment in September without a separate application process.
Children residing in facilities who receive child allowance through the Didim Seed Savings Account will have the support paid into their ‘Didim Seed Savings Account’ to assist asset formation.
The target school-age children (grades 1 to 6) supported by the City Office of Education, about 89,000 children, will receive the payment through their school banking accounts.
The support fund is scheduled to be paid in a lump sum before the Chuseok holiday, and children born in September of this year can apply at the local community center within 60 days after their birth date to receive child allowance and special childcare support starting from September.
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Kang Young-sook, Director of the City’s Women and Family Bureau, said, “We hope that by promptly providing the support to the recipients before the Chuseok holiday, we can reduce the economic burden on citizens caused by COVID-19 and offer some comfort to households with children during the Chuseok holiday.”
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