Hana Card Signs Agreement with KWCWS... Exclusive Credit Card for Industrial Accident Pension Recipients to Launch in January Next Year

"Supporting Livelihood Stability for Pension Recipients...
Practicing ESG Management"

Hana Card announced on December 4 that it has signed a business agreement with the Korea Workers' Compensation and Welfare Service to launch a new credit card exclusively for industrial accident pension recipients.

Sung Youngsoo, CEO of Hana Card (right), and Park Jonggil, Chairman of the Korea Workers' Compensation and Welfare Service, are taking a commemorative photo after the business agreement ceremony. Hana Card

The new credit card for industrial accident pension recipients, which will be launched in January next year, is designed to provide practical daily benefits for workers affected by industrial accidents.

In addition to discounts on medical expenses such as treatment and medication, the card offers benefits for public transportation, supermarkets, private academies, and fuel. It also provides discounts on housing management fees and interest-free installment payments.

Furthermore, Hana Card is preparing a promotional event in collaboration with Hana Bank, offering up to 50,000 won in cashback if pension recipients link their pension accounts to Hana Bank.

To date, the Korea Workers' Compensation and Welfare Service has used welfare funds established through agreements with Hana Card to support the children’s tuition fees, health checkup costs, and cultural activity expenses for industrial accident pension recipients.

In January of this year, the service also provided 100 million won in living stabilization funds to 76 low-income pension recipients.

Recently, the number of industrial accident pension recipients has been increasing due to a rise in industrial accident claims and an aging population. As of last year, there were 105,531 recipients, a 10.1% increase compared to five years ago.

Hana Card explained that the business agreement is part of its efforts to support the livelihood stability of industrial accident pension recipients. The company expects this to become a collaborative model for fulfilling social responsibility between public institutions and financial organizations.

Sung Youngsoo, CEO of Hana Card, said, "Hana Card, Hana Bank, and the Korea Workers' Compensation and Welfare Service will work together to develop practical support measures for industrial accident pension recipients."

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