Next Year's Presidential Salary 238 Million KRW... Civil Servants' Pay Increased by 0.9% Compared to Previous Year

[Asia Economy Reporter Son Sunhee] Next year's presidential salary has been set at 238.22 million KRW, and the Prime Minister's salary at 184.68 million KRW. The overall public servant salaries will increase by 0.9% compared to last year, while allowances will be virtually frozen. Considering the difficult economic conditions, political appointees, senior public officials, and public servants at grade 2 (or equivalent) and above have agreed to return their salary increases for next year.

On the 29th, the Ministry of Personnel Management announced that the amendments to the "Public Servant Salary Regulations" and the "Regulations on Public Servant Allowances, etc.," which include improvements to public servant treatment and allowance systems for next year, were approved at the Cabinet meeting. The amendments will take effect from January 1 of next year.

The annual salary for the Deputy Prime Minister and the Chairman of the Board of Audit and Inspection has been set at 139.72 million KRW, and for ministers and public officials equivalent to ministerial level, it has been set at 135.80 million KRW.

For military personnel, to improve treatment at a perceptible level, salaries will be increased by 12.5% compared to last year according to the salary increase plan established in 2017. Accordingly, the salary for a sergeant, which was 540,900 KRW this year, has been set at 608,500 KRW next year.

While public servant allowances are virtually frozen, some standards have been changed for certain cases. For personnel engaged in lifesaving duties, the risk duty allowance grade for water safety officers (police officers) will be upgraded from the existing 'Byeongjong' to 'Euljong.' Additionally, wildfire suppression personnel (aerial firefighting personnel) deployed to wildfire sites using helicopters will receive the 'Euljong' risk duty allowance, reflecting disaster rates and other factors.

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