Chungnam Accepts Applications for 'Small Business Social Insurance Premium' Support Until the 5th of Next Month

[Asia Economy (Naepo) Reporter Jeong Il-woong] Chungnam Province announced on the 13th that it will accept applications for the ‘2021 3rd Quarter Small Business Social Insurance Premium Support Project’ until the 5th of next month.

The support project is promoted in cooperation with cities and counties to reduce the labor cost burden of small businesses in the province, prevent employment contraction, and alleviate workers' employment insecurity.

The target is small business owners in the province who employ fewer than 10 workers earning an average monthly wage of less than 2.2 million won and who have not participated in the Durunuri project of the Korea Workers' Compensation & Welfare Service and the National Pension Service.

However, associations, organizations, resident representative meetings, apartment management offices, etc., which are not small businesses, are excluded from support.

The support fund is paid quarterly after the business operator pre-pays the monthly insurance premium and applies. Businesses that applied in the previous quarter are automatically applied without a separate application. However, if there are changes such as the entry or exit of the representative or workers, a change application must be submitted.

Applications can be made through the administrative welfare centers in the town, township, or neighborhood where the business is located. In Cheonan, applications can only be made at Cheonan City Hall and Dongnam-gu Office, and in Asan, Gyeryong, and Cheongyang, only at city or county offices.

Meanwhile, through the support project in the 2nd quarter, the province supported social insurance premiums amounting to 5.385 billion won for 18,883 workers at 8,238 workplaces in the jurisdiction.

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