Sancheong-gun, Low-Income Household Stability ... Operation of Emergency Welfare Support System
Emergency Welfare Support for High Oil Prices and Inflation
Temporary Relaxation of Support Criteria for Households in Crisis
[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Sancheong-gun, Gyeongnam announced on the 5th that it will operate a temporary emergency welfare support system from July to stabilize the lives of low-income households experiencing livelihood difficulties due to crisis situations.
Through this temporary support, the county will raise the unit amount of emergency welfare livelihood support funds and temporarily relax the property criteria, which are the eligibility requirements for the emergency welfare support system.
The increase in the livelihood support fund unit amount raises the standard median income ratio from 26% to 30%. In addition, a deduction limit for residential property standards is newly established (35 million KRW), and the deduction rate for living preparation funds on financial assets is raised from 65% to 100% of the standard median income.
The emergency welfare support system operates year-round. Those who are experiencing livelihood difficulties due to crisis situations such as the death, disappearance, unemployment, temporary closure or business suspension, illness, or injury of the main income earner can visit the local eup/myeon office or the Resident Welfare Division of the county office for consultation and then submit the required documents.
However, since the emergency welfare support system is a last social safety net temporarily supporting low-income households struggling to maintain their livelihood due to sudden crisis situations, those currently receiving support under other laws such as livelihood benefits or unemployment benefits are excluded from eligibility.
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- "Sold Everything Fearing Bankruptcy, Then It Soared 3,900 Times: How a Stock Once Feared for Delisting Became an AI Powerhouse"
- "All Major Corporations Could Leave"... Business Community Fears Overseas Factory Relocation Due to Strike Risks
- Fiscal Pressure Mounts Amid Surging U.S. Treasury Yields...Exceeds Supplementary Budget Estimate by 0.04%p
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
A county official stated, “To stabilize the livelihood of low-income groups strongly affected by high oil prices and inflation, we will relax the emergency welfare support criteria until December 31 of this year,” and added, “We will do our best to ensure that no low-income groups in crisis situations are left behind.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.