Incheon Gyeyang-gu, Childcare Allowance for Multi-Child Families from Second Child... 100,000 KRW per Month
[Asia Economy Reporter Park Hyesook] Incheon Gyeyang-gu announced on the 18th that it will expand the childcare support for families with multiple children, which was previously provided to families with three or more children, to include families with two children starting next year.
The Gyeyang-gu Council revised the definition of multiple children and the eligibility for support to families with two or more children in the "Gyeyang-gu Ordinance on Encouraging Birth and Adoption and Supporting Families with Multiple Children" last October.
The district completed consultations on changes to the social security system and allocated 4.1 billion KRW in the next year's main budget, which was approved by the council.
Accordingly, the childcare allowance, which was previously paid at 100,000 KRW per month starting from the third child under the age of six, will be available from the second child starting next year.
Eligibility for support requires that at least one parent has been registered as a resident in Gyeyang-gu for more than one year as of the application date, and that the eligible child lives in the same household. If there is a record of moving to another city, county, or district during the support period, or if the family moves out, the support will be discontinued.
Applications for childcare support can be made at the local administrative welfare center starting January 10 next year, and payments will not be applied retroactively from the application date.
Hot Picks Today
Dramatic Agreement Reached on Eve of Samsung Electronics General Strike... Minister Kim Young-hoon: "Showcased Korea's Strength in Dialogue" (Update)
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Gyeyang-gu official stated, "In the future, preferential (discount) policies such as discounts on cultural facility tuition fees and parking fees will also be changed to apply to families with two children."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.