Yoo Seung-min Reveals Military Service-Related Presidential Pledge: "Grant Subscription Points After Completing Military Service"

Benefits such as Housing, Education, Job Training, Pension, and Career Recognition

Former lawmaker Yoo Seung-min. Photo by Dongju Yoon doso7@

[Asia Economy Reporter Naju-seok] Former lawmaker Yoo Seung-min, a presidential candidate from the People Power Party, has pledged a Korean-style veteran support policy that includes awarding 5 additional points in housing subscription scores to those who have completed their military service and are seeking to purchase a home.

On the 5th, Yoo stated through social media (SNS), "To properly support soldiers who have completed their mandatory service and to ensure they are not left behind at the starting line when entering society, I promise a Korean-style G.I. Bill."

The G.I. Bill is a U.S. veteran support law that provides various benefits to soldiers who have completed their military service. Yoo has previously expressed plans to offer benefits in housing, education, job training, pensions, and career recognition to those who have completed their military duties.

The newly announced pledge largely specifies these previous plans. It includes measures such as awarding 5 additional points when applying for private housing subscriptions, granting extra points for public rental housing sales, and providing interest-free loans up to 100 million won for housing funds (purchase, monthly rent, and jeonse deposits).

Regarding university tuition, the plan includes interest-free loans that convert to low-interest loans upon employment, and encourages preferential treatment when awarding university scholarships. Concerning the national pension, it proposes granting national pension credits equivalent to the period of mandatory military service. Additionally, it includes mandatory inclusion of service periods when calculating seniority and wages.

Yoo said, "Young people who have fulfilled their military duties have made unavoidable sacrifices to protect the country," and added, "Providing appropriate compensation to young people who sacrificed for national security is a natural courtesy to them."

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