Chungnam Supports Social Insurance Premiums for Small Business Owners... Applications Accepted Until the 13th of Next Month

[Asia Economy (Hongseong) Reporter Jeong Il-woong] Chungnam Province is stepping up to support social insurance premiums for small business owners.

The province announced on the 21st that it will accept applications for the 2nd quarter of this year’s ‘Small Business Owner Social Insurance Premium Support Project’ until the 13th of next month, targeting small business sites with fewer than 10 employees within the province.

The project is being promoted to reduce the labor cost burden on small businesses, which account for more than 90% of businesses in the province, and to alleviate employment insecurity for workers amid employment contraction.

The support target is small business owners employing fewer than 10 workers whose average monthly wage is less than 2.2 million KRW, and who are receiving support from the Durunuri Project of the Korea Workers’ Compensation & Welfare Service and the National Pension Service.

However, the province is currently reviewing temporary support measures for workplaces where the Durunuri Project and Chungnam small business owner social insurance premium support have ended. Associations, organizations, resident representative meetings, and apartment management offices are excluded from the support target.

Workplaces that applied for the project in the 1st quarter will be automatically re-applied without a separate application, but if there are changes such as the hiring or resignation of representatives or workers, a new application reflecting the changes must be submitted.

In Cheonan, applications can only be made at Cheonan City Hall and Dongnam District Office; in Asan, Gyeryong, and Cheongyang, applications are accepted only at city or county offices; in other areas, applications can also be submitted through the administrative welfare centers in the town, township, or neighborhood where the workplace is located.

Meanwhile, through the 1st quarter project this year, the province supported social insurance premiums totaling 4.736 billion KRW for 18,200 workers at 7,634 workplaces.

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