Jeonnam Province to Start Supporting 'Basic Birth Allowance' from Next Year
Welfare Ministry and Provincial Governments Reach Agreement on Social Security Distribution
Children Born After January This Year... 200,000 KRW Monthly
Jeonnam Province will provide a basic birth allowance annually starting next year for children born since January of this year. The photo shows the signing ceremony of a business agreement between Jeonnam Province and local city and county governments.
[Photo by Jeollanam-do]
Jeollanam-do announced that it completed social security consultations with the Ministry of Health and Welfare regarding the establishment of a 'Birth Basic Allowance' for the portion paid by the province on the 21st. It plans to make every effort to complete consultations for the portions to be paid by cities and counties in the future.
The payment target is children born after January 2024 who have their birth registered in Jeonnam. Unless the parents and children move to another city or province, they can receive a total of 43.2 million KRW, paid monthly at 200,000 KRW from ages 1 to 18 starting in 2025.
Jeonnam Province plans to establish the legal basis for payments through the enactment of the 'Jeollanam-do Birth Basic Allowance Payment Ordinance,' and to implement the project from 2025 by setting detailed operational policies and building an electronic system.
The Jeonnam Research Institute projected that if Jeonnam Province and its cities and counties provide the allowance, the number of births will increase by 3,099 compared to the Statistics Korea's estimated number of births in 2041, reaching 10,425 births (a 29.7% increase).
Kim Myung-shin, Director of the Population and Youth Policy Division of Jeonnam Province, said, “Jeonnam Province is making this year the first year to overcome the local extinction crisis and is making every effort to solve population issues. We hope that the Jeonnam Birth Basic Allowance will fill the support gap for school-age children and provide practical help to families raising children.”
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Jeonnam Province is actively promoting the 'Population Great Transition Jeonnam Project,' one of the 100 major tasks in five key areas, to revitalize the region through a rebound in birth rates and new population inflows such as living population and foreigners.
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