Pohang City Notifies Decision on '2nd Earthquake Damage Relief' Support Fund... Total 36.6 Billion KRW

Maximum Personal Injury Compensation Set at 8.36 Million Won, Property Damage Up to 120 Million Won

The photo shows Mayor Lee Kang-deok of Pohang briefing Prime Minister Chung Sye-kyun on local issues during his visit to Pohang on November 8 last year.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Pohang City announced on the 7th that, following the decision on April 30th by the 2nd Disaster Relief Fund Payment of the Pohang Earthquake Damage Relief Deliberation Committee under the Prime Minister's Office, the funds will be individually deposited to the affected victims by the end of this month.

The committee recognized 8,972 cases as victims out of 9,246 cases reviewed, excluding 1,569 cases that were not submitted, from a total of 10,815 cases received between September 21 and the end of November last year. It decided to provide a total support fund of 36.6 billion KRW (an average of 4.71 million KRW per case, and an average of 4.12 million KRW after deducting previously paid amounts).

Specifically, after deducting previously paid amounts by type, the maximum support amount to be received is 8.36 million KRW for human damage cases and 120 million KRW (maximum support limit) for property damage cases.

Among the 8,879 cases eligible for this support payment, about 89% are individual housing units. It was found that 55% of the recognized victims had previously received disaster relief funds of 700,000 KRW or more immediately after the earthquake. Among the cases reviewed, 274 cases (2.9%) were not recognized as causally related to the earthquake.

It was also found that over 90% of households that did not report damage at the time of the earthquake, including houses, commercial buildings, and religious facilities, were recognized as victims.

Go Won-hak, head of the Earthquake Special Support Group, stated, "We will do our best to ensure that the affected residents receive practical damage relief through continuous consultation and proposals with the Earthquake Damage Relief Deliberation Committee."

The city plans to mail the support fund decision letters to the applicants soon and make individual deposits by the end of May. If there is any objection to the decided amount, a re-examination can be requested within 30 days from the date of notification at one of the 31 earthquake damage reception centers.

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