Yeonggwang-gun to Provide 'Newborn Infant Allowance' from Next Year... 300,000 KRW per Person

[Yeonggwang=Asia Economy Honam Reporting Headquarters Reporter Lee Jeonseong] Jeollanam-do Yeonggwang-gun (Governor Kim Junsung) announced on the 8th that starting next year, it will provide a monthly "Infant Allowance" of 300,000 KRW to children aged 0-1 who are raised at home.

The Infant Allowance integrates the childcare voucher received when using daycare centers (about 500,000 KRW for 0-year-old class) and the childcare allowance received when raising children at home (200,000 KRW for 0-year-olds, 150,000 KRW for 1-year-olds) into a single allowance (300,000 KRW for 0-1 years old), which is planned to be gradually increased to 500,000 KRW by 2025.

Parents can choose to receive the allowance in cash (when raising children at home), or as a childcare voucher (when using daycare centers), or as a full-day government-supported childcare service subsidy (when using full-day childcare services after 3 months of age).

A county official stated, "With the implementation of the Infant Allowance, we expect to reduce the economic burden on parents for child-rearing and to activate home childcare through focused support during infancy."

Yeonggwang=Asia Economy Honam Reporting Headquarters Reporter Lee Jeonseong leejs7879@asiae.co.kr

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