child allowance Archives | Be Korea-savvy

Incheon to Launch Ambitious Child Allowance Program

INCHEON, Jul. 24 (Korea Bizwire) – In a bold move to address the country’s declining birth rate, the city of Incheon announced on July 23 that it will begin implementing a new child allowance program next month, separate from the existing national child benefit system. The “Child Dream Allowance” program, set to launch on August 1, [...]

Gov’t to Expand Monthly Allowance for Children

SEOUL, Jan. 1 (Korea Bizwire) — All parents will receive a monthly allowance of 100,000 won (US$87) for each child under the age of six starting later in the year, the government said Tuesday. The Ministry of Health and Welfare said a revision to the relevant law was passed on Thursday with the motion taking [...]