Yeongam County to Provide Basic Birth Allowance of 200,000 Won Monthly
Up to 43 Million KRW in Support
Apply at Eup/Myeon Administrative Welfare Centers or on Government24
Yeongam County, Jeollanam-do (Governor Woo Seunghee) announced on the 13th that, in response to population decline due to low birth rates and an aging population, it will provide a basic birth allowance of 200,000 KRW per month starting this year, in cooperation with Jeollanam-do.
The basic birth allowance is provided to one-year-old children who are born after 2024, have registered their birth in Jeollanam-do, and have their address in Yeongam County, regardless of income level. However, both the child and the guardian must have resident registration in Yeongam County and continue to reside there as of the date of birth registration.
The support amount consists of 100,000 KRW from Jeollanam-do and 100,000 KRW in local currency from Yeongam County, paid on the 25th of each month. From this year, a total of 43,200,000 KRW will be provided per person over 18 years, at a rate of 200,000 KRW per month until the year the child turns 18.
Applications can be made from one month before the child’s first birthday at the local Eup or Myeon Administrative Welfare Center or online through the 'Government24' website.
Kim Sunmi, Director of the Population and Youth Division, said, “With this policy of Yeongam County raising children born here, we aim to prevent population decline and lay the foundation for a sustainable Yeongam.”
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Jeong Yu-kyung Is a Neighbor"...Itaewon Standalone House with Record 23.2 Billion Won Appraisal Up for Auction [Real Estate AtoZ]
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "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
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.