Shinan-gun 'Sunlight Pension Miracle' Annual Highest Dividend 8.4 Million Won to One Household

Receive Pension Immediately Upon Moving for Those Under 40 Years Old

Solar profit dividends are being paid to residents of Anjwa-do Island last year. ⓒ Asia Economy

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] The New and Renewable Energy Civil-Military Cooperative in Anjwa-myeon, Sinan-gun, Jeollanam-do, completed the payment of the 4th dividend on the 22nd, starting with the first dividend payment in April last year in accordance with the 'Ordinance on Sharing the Development Benefits of New and Renewable Energy in Sinan-gun.'

According to the county on the 25th, the total dividend payment amount for the past year was about 1.4 billion KRW, and the population of Anjwa-do and Jara-do residents increased by 64 people, with 2,973 residents in January and 3,037 in December, including 337 newcomers and 250 people who moved out.

Among them, 21 youths aged 40 or younger contributed to the population increase in Sinan-gun, which is included in the high-risk group for local extinction, and this was largely due to the solar power profit-sharing policy.

In particular, through the revision of this ordinance, Sinan-gun established an institutional basis for creating a 'Sinan where youth return' by allowing youths aged 40 or younger to receive solar pensions immediately upon moving in, and they will benefit in the first quarter of April.

Additionally, the county plans to create a Sinan-gun solar pension map by marking villages receiving solar power profit dividends on a map and classifying them by island, so that youths can easily recognize them when they move in.

Ki-hyeok Gi, head of the New and Renewable Energy Division, said, “There were many difficulties in promoting the new and renewable energy development benefit sharing policy, but the residents trusted and cooperated with the county’s policy, making the current Sunlight Pension possible,” adding, “This year, the completion of Sayeokdo and Imjado is also planned, and we will promote the Sunlight Pension so that 25% of all residents of Sinan-gun can receive it this year, and 43% of all residents of Sinan-gun including Jeungdo, Bigeum, and Sinui next year.”

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