Buyeo County Provides Childbirth and Childcare Support Fund of 10 Million KRW per Child

38 Billion KRW Paid to 981 Children
Retroactive Payments from July for Applications Submitted by December 31

Buyeo County Office Exterior View

Buyeo County in South Chungcheong Province announced on December 4 that it made the first payment of the newly introduced childbirth and childcare support fund on November 27.

This support fund is a key policy of Buyeo County to address the low birth rate, providing up to 10 million KRW per child aged from newborn to 8 years old, regardless of birth order.

The first round of payments was made to 981 children out of 1,386 registered residents as of the end of June who completed their applications. The total amount paid was 3.8805 billion KRW, and it was distributed through the local currency, "Goodtrae Pay."

The county expects this program to substantially reduce the financial burden of childcare for families and to stimulate the local economy through the use of local currency.

The county also emphasized that many families have not yet applied, and if they submit their applications by December 31, payments will be made retroactively from July 2025.

To ensure fairness during the transition to the new system, children born between July 14, 2025, and July 13, 2026, will continue to be eligible for the existing childbirth incentive program for one year.

For these children, a lump sum of 500,000 KRW will be provided for those aged 0 to 11 months, 500,000 KRW for the first child, 1 million KRW for the second child, 2 million KRW for the third child, and 4 million KRW for the fourth child. After 12 months, a monthly payment of 100,000 KRW will be provided.

Park Junghyun, Governor of Buyeo County, stated, "The childbirth and childcare support fund reflects Buyeo County's commitment to sharing responsibility for children's growth," and urged all eligible families to apply by the end of the year to ensure that no one misses out on the benefits.

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