Gyeonggi-do Opens Applications for Youth Basic Income from the 1st... 250,000 KRW Paid Quarterly
Gyeonggi Province is accepting applications for the 4th quarter (October to December) of the 'Youth Basic Income,' which provides 250,000 KRW quarterly to 24-year-old youth, from the 1st to the 30th of this month.
Eligible applicants are 24-year-old youth born between October 2, 1998, and October 1, 1999, who currently have their resident registration in Gyeonggi Province and have either continuously resided in Gyeonggi for more than 3 years as of the application date or have a total of 10 years or more of residence in the province.
Applicants can visit the Gyeonggi job platform Jobaba (apply.jobaba.net), sign up as members, and apply online or via mobile.
Required documents include a resident registration abstract (issued after November 1, including address history for the last 5 years or the entire period).
However, since a public MyData service that simplifies document submission is being introduced and implemented, if the youth consents during the application, the resident registration abstract will be submitted automatically. Basic livelihood security recipients must separately submit a certificate of basic livelihood security recipient status.
Existing recipients who agreed to automatic application in the previous quarter will be subject to review without a separate application, but if there are changes in personal information or if they wish to apply retroactively for the 1st to 3rd quarters of this year, they must update their information within this 4th quarter application period.
After verifying the applicant's age and residence period, Gyeonggi Province will provide 250,000 KRW in local currency corresponding to the 4th quarter starting from December 20, in the form of an electronic card or mobile payment.
Selected recipients will receive a confirmation message via text, and the card will be delivered to the address entered during application. After receiving the card, registering it through the customer center or mobile app allows immediate use like a check card at traditional markets or small business establishments within the registered area. However, use is restricted at department stores, large supermarkets, corporate supermarkets (SSM), entertainment establishments, and similar venues.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- [Breaking] Samsung Labor-Management 'Performance Bonus Negotiations' Fail in Third Mediation... Union Says "General Strike to Proceed as Planned Tomorrow"
- President Lee Digs Up 7-Year-Old Musinsa Ad... May 18 Disparagement Controversy Spreads
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
For more details, contact the youth basic income department of each city or county, the Gyeonggi Province call center (031-120), or the Gyeonggi job platform 'Jobaba.'
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.