Geochang-gun Distributes 'National Support Fund' to 57,000 People, 92.8% of Total Population... Applications Open Until October 29

COVID-19 Mutual Aid National Support Fund Poster.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Sancheong-gun, Gyeongnam announced on the 2nd that from the 6th, it will provide the 'COVID-19 Coexistence National Support Fund' to 57,164 people, accounting for 92.8% of the entire population of the region.

The 57,164 eligible recipients are based on the household income lower 80% according to the health insurance premium standard as of June this year (special criteria applied for single-person and dual-income households).

However, even if the health insurance premium criteria are met, those whose 2020 property tax taxable standard exceeds 900 million KRW or whose total financial income exceeds 20 million KRW are excluded from the payment target.

Eligibility inquiry and application can be made online from the 6th, and from the 13th at bank counters linked with card companies or at eup/myeon offices, with the deadline on October 29.

The support budget is approximately 14.3 billion KRW, and the payment amount is 250,000 KRW per person. Applications and payments are processed individually, with no maximum limit per household.

Eligible recipients can choose to receive the support fund via credit/check card recharge, prepaid card, or local love gift certificates (Zero Pay). For credit/check cards and local love gift certificates (Zero Pay), the support fund is paid the day after the application, and for prepaid cards, it can be received immediately on-site upon application.

The national support fund can only be used within Geochang-gun and at businesses where local love gift certificates (Zero Pay) are accepted, and must be used by December 31 of this year. It cannot be used online or at karaoke and entertainment bars.

The status of local love gift certificate (Zero Pay) affiliated stores can be checked on the Geochang-gun Office website or the usage site homepage.

Gu In-mo, the mayor of Geochang-gun, stated, “We expect that this national support fund, being consumed locally all at once by the end of December, will greatly contribute to revitalizing the local economy, which has been depressed due to the prolonged COVID-19 pandemic,” and added, “We will focus administrative efforts to ensure that the fund is distributed to residents before Chuseok.”

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