Jeju Island, Temporary Emergency Welfare Support for COVID-19 Extended Until the End of March View original image

[Asia Economy Honam Reporting Headquarters (Jeju) Reporter Park Chang-won] Jeju Special Self-Governing Province announced on the 8th that it will extend the temporary emergency welfare support period this year from the original end of last month to the end of March this year.


Emergency welfare support is a temporary policy that provides 1,266,900 KRW for a family of four to households experiencing difficulties in maintaining their livelihood due to sudden accidents, unemployment, or business suspension/closure.


Jeju Province initially planned to operate temporary emergency welfare support from March 23 to July 31 last year, but extended the period until the end of December of the same year due to the prolonged COVID-19 pandemic.


Jeju Province provides emergency welfare support funds when the main or secondary income earners experience a sharp decrease in income due to unpaid leave, etc., or when self-employed persons, special-type workers, freelancers who are main or secondary income earners experience a sharp decrease in income due to COVID-19.


The target households are those with an income below 75% of the median income and assets including houses, buildings, and land of 200 million KRW or less.


The support amount is provided on a sliding scale from 1,371,000 KRW for one person up to 5,623,000 KRW for seven persons.


In addition, financial assets will continue to apply a relaxed deduction rate for living preparation funds (150% of the median income), and the financial asset criteria for deposits, savings, stocks, etc. will be applied differently according to the number of household members.


Jeju Province plans to provide support funds for livelihood, medical care, housing, welfare facility use, education support, and others (such as winter fuel costs, childbirth and funeral expenses, electricity bills, etc.) if the income and asset criteria are met.


Consultations and applications are accepted at the two administrative cities and the resident centers of eup, myeon, and dong in the address area or at the Health and Welfare Counseling Center.


Meanwhile, Jeju Province has secured 1.53 billion KRW (including 1.22 billion KRW in national funds) for emergency welfare projects this year to support households facing difficulties in daily life.



Im Tae-bong, Director of the Health, Welfare and Women’s Bureau of the province, said, “Even if the current legal income and asset criteria are exceeded, we will protect households struggling due to the prolonged COVID-19 pandemic by activating the review committee and revising the province’s own project guidelines by comprehensively considering the crisis situation of individual households.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing