Support of 200,000 KRW Childcare Allowance per Child for Adolescent Parents

Pilot Project Conducted for 6 Months Targeting Youth Parents with Median Income Below 60%

[Asia Economy Reporter Han Jinju] Starting in July, child-rearing expenses of 200,000 KRW per child will be provided to young parents aged 24 or younger whose median income does not exceed 60%.

The Ministry of Gender Equality and Family announced on the 21st that it will conduct a pilot project to support child-rearing expenses for young parent households that meet the income requirements.

The pilot project will be carried out for six months from July to December, with applications from young parents accepted by the local government authorities of their place of residence.

Young parents refer to households where both parents are 24 years old or younger and maintain a marital relationship (including common-law marriage). The 60% median income threshold means that the income for a three-person household must not exceed 2,516,000 KRW.

When young parent households submit an application, support eligibility will be determined after verifying documents such as income certificates, and applicants will be notified of the decision. For more details, inquiries can be made at the township or town offices and community service centers in the area of residence, or through the family counseling hotline.

The Ministry plans to expand support for young parents by revising related legal grounds based on empirical research such as effectiveness analysis of the pilot project.

In March last year, the Ministry of Gender Equality and Family amended the "Youth Welfare Support Act" to establish a basis for welfare and employment support for young parents. Starting this year, through the Family Capacity Enhancement Support Project, young parents will also receive learning and emotional support, psychological counseling, and free legal assistance.

Minister Kim Hyun-sook of the Ministry of Gender Equality and Family said, "I hope this pilot project will help young parents raise their children and prepare for the future despite difficult circumstances," adding, "We will continue to do our best to ensure that various families, including young parents, are not left out and can raise their children in a stable environment."

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