Haenam-gun, Recruiting Applicants for Youth Hope Stepping Stone Savings Account

Receive 7.2 Million Won and Interest After 3 Years When Saving 100,000 Won

Haenam-gun Office Building Exterior (Provided by Haenam-gun)

[Asia Economy Honam Reporting Headquarters Reporter Kim Hyun] Haenam-gun, Jeollanam-do (Governor Myeong Hyun-gwan) announced on the 1st that it will implement the Youth Hope Stepping Stone Savings Account project to help young people accumulate a lump sum of money.

Under this project, if a young person saves 100,000 KRW monthly, the county will support an additional 100,000 KRW, allowing the participant to receive 7.2 million KRW plus interest upon maturity after 3 years.

Applicants must be young workers (employees or business owners) aged 18 to 39 (born between January 26, 1981, and January 24, 2003) residing in Haenam-gun, with a household income at or below 120% of the median income (2.19 million KRW for a single-person household). A total of 32 participants will be recruited by the 19th of this month.

Support recipients will be finalized and selected in March based on priority criteria (household income in ascending order).

However, those participating in similar asset-building support projects promoted by the Ministry of Health and Welfare or the Ministry of Employment and Labor, as well as public officials working for national or local governments, are excluded from eligibility.

Young workers wishing to apply should check the eligibility requirements on the Haenam-gun official website's public notice section, then submit the application form along with the required documents to the local town or township office of their residence.

For further inquiries, contact the Population Policy Division of Haenam-gun Office by phone for detailed guidance.

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