Over 1,000 Households in Ulju-gun Receive a Total of 670 Million Won in Parental Allowances
[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Ulju-gun, Ulsan City, will pay a total of approximately 670 million KRW in parental benefits to about 1,000 households in the region this year following the introduction of parental benefits.
The parental benefit was established to reduce the economic burden on parents due to childbirth and childcare, helping families to comfortably care for infants who require intensive care at home.
Children aged 0 will receive 700,000 KRW, and children aged 1 will receive 350,000 KRW in cash. Starting next year, the support amount will be increased to 1,000,000 KRW for 0-year-olds and 500,000 KRW for 1-year-olds.
Applications can be made by visiting the administrative welfare center within 60 days of birth or online through the Bokjiro or Government24 websites.
Additionally, the Happy Birth One-Stop Service allows for integrated pregnancy and childbirth processing applications simultaneously with birth registration.
The parental benefit will be first paid on the 25th of this month and will be deposited into the registered account on the 25th of every month.
However, children attending daycare will only receive childcare vouchers, and for those aged 0 and above, only the difference will be paid into the account. Those eligible for the difference payment must register their account at the administrative welfare center or online site by the 15th.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
An official from Ulju-gun stated, “With the introduction of parental benefits, the financial aspect of parental leave will be supplemented, which is expected to greatly contribute to creating a proper childcare environment,” and added, “We will do our best to ensure that happiness permeates the lives of children and parents, who are the future of Ulju.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.