Gyeongju City "Providing Livelihood Benefits Even If Support Obligors Exist" ... Changes in Recipient Criteria Starting New Year
[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Gyeongju City, Gyeongbuk Province announced on the 5th that it will partially abolish the support obligation criteria for recipients of the National Basic Livelihood Security livelihood benefits starting this month.
According to the city, the support obligation household criteria will be abolished for livelihood benefit recipient households with low-income elderly, single-parent families, or persons with severe disabilities.
Accordingly, as long as the recipient household meets the income and property criteria, they can receive livelihood benefits even if there are support obligors such as children or parents. However, those whose support obligor’s annual income exceeds 100 million KRW or whose owned real estate and other assets exceed 900 million KRW are excluded from eligibility.
The recognized income standard for basic livelihood security selection has also been relaxed, and for livelihood benefits, the following monthly amounts apply: ▲1-person household 548,349 KRW ▲2-person household 926,424 KRW ▲3-person household 1,195,185 KRW ▲4-person household 1,462,887 KRW.
Applications for livelihood benefits can be made at the administrative welfare centers in the applicant’s registered residential area (eup, myeon, dong).
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- [Breaking] Samsung Labor-Management 'Performance Bonus Negotiations' Fail in Third Mediation... Union Says "General Strike to Proceed as Planned Tomorrow"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Seo Jeong-bo, Director of Welfare Policy at Gyeongju City, said, "We expect many citizens in welfare blind spots to benefit from the relaxation of the eligibility requirements for the Basic Livelihood Security System," adding, "We will do our best to create a more comprehensive social safety net so that those in difficult circumstances can receive benefits."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.