Yongin City to Pay 250,000 KRW Quarterly 'Youth Basic Income' to 24-Year-Olds... Applications Open on 2nd Next Month

Yongin City Hall Exterior View

[Asia Economy (Yongin) = Reporter Lee Young-gyu] Yongin City, Gyeonggi Province, will accept applications for the first quarter (January to March) 'Youth Basic Income' payment from the 2nd to the 31st of next month.

The eligible applicants are 24-year-old Yongin youth born between January 2, 1998, and January 1, 1999, who have their resident registration in Gyeonggi Province and have continuously lived there for more than 3 years or whose total days of residence amount to more than 10 years.

The Youth Basic Income is paid in local currency at 250,000 KRW per quarter, up to a maximum of 4 quarters.

Applications can be made by signing up on the Gyeonggi Province Job Support Project Integrated Application System via PC or mobile.

At the time of application, a resident registration abstract issued after March 2 is required. Youth who agree to the Public MyData Service do not need to submit separate documents, making the process convenient.

If you agree to automatic application for the next quarter of the Youth Basic Income, you do not need to apply every quarter, reducing inconvenience.

Basic livelihood security recipients can receive the Youth Basic Income as a lump sum by submitting the relevant certificate separately.

Yongin City plans to pay the Youth Basic Income in the local currency Yongin Y-Point starting April 20 after selecting the eligible applicants.

For those without a history of issuing a Yongin Y-Point card, the card will be delivered to the address entered at the time of application. The received card can be registered at the Kona I customer center (1899-7997) or the Gyeonggi Local Currency mobile app and used immediately like a check card.

The card can be freely used at traditional markets and small business establishments within Yongin City. However, it cannot be used at department stores, large supermarkets, corporate supermarkets (SSM), or entertainment establishments.

A city official urged, "Please be sure to apply within the period for the Youth Basic Income, which can help support activities for the future of youth."

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