Koreans Receiving Government Pension or Disability to Receive Coronavirus Relief Funds

The ROK government plans to stimulate the economy by giving additional money to pensioners and those on disability:

A citizen passes by a banner announcing the government’s coronavirus relief funds in front of a community service center in central Seoul, Monday. / Yonhap

The government began offering emergency disaster relief funds to some 2.8 million households, Monday, as part of efforts to minimize the economic fallout from the COVID-19 pandemic by boosting consumption, according to the Ministry of Interior and Safety.

Eligible households include those living off the government’s livelihood support, the basic pension or disability programs.

Those households can receive cash payouts up to 1 million won ($816) without going through a separate application process.

The amount depends on the number of family members ― 400,000 won for single-person households, 600,000 won for two-member households, 800,000 won for three-member households and 1 million won for households with four or more family members.

Korea Times

You can read more at the link.

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Flyingsword
Flyingsword
6 years ago

Money from nothing…fools mortgaging their future.

J6Junkie
J6Junkie
6 years ago

Tax base is going to run dry with Commie Moon’s spending.

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