Establishment of Holiday Consolation Fund
Yangcheon-gu, Seoul (Mayor Lee Gi-jae) announced on the 7th that it will expand support by increasing the veterans' honor allowance and introducing holiday consolation money starting this year to strengthen welfare and respect for national veterans who have dedicated themselves to the country.
Veterans who attended the 60th anniversary event of the Vietnam War participation last year. Provided by Yangcheon-gu.
The district will raise the veterans' honor allowance, which is paid monthly to about 4,100 national veterans and their primary surviving family members, from 50,000 KRW to 70,000 KRW starting this month. In addition, holiday consolation money will be newly introduced for veterans' honor allowance recipients, providing 20,000 KRW per person twice a year during Lunar New Year and Chuseok.
Individual notices for allowance application will be sent to eligible recipients, and applicants will receive the veterans' honor allowance from the month of application. National veterans who have not yet applied for the allowance can visit their local community service center with their veteran ID and bankbook copy or apply online through ‘Government 24’. The holiday consolation money will be paid to the existing veterans' allowance account without a separate application process.
Furthermore, the district has installed ‘Priority Parking Spaces for National Veterans, etc.’ at 12 public parking lots with more than 100 spaces to enhance mobility convenience for veterans and their families. It is also making multifaceted efforts to promote the honor and pride of national veterans and improve their welfare by expanding support for veterans' organizations.
Notably, last year, the ‘Ordinance on the Respect and Support for National Veterans in Yangcheon-gu, Seoul’ was amended, and the scope of veterans' honor allowance recipients was expanded to include all individuals covered by the ‘Act on Honorable Treatment and Support of Persons, etc. of Distinguished Services to the State,’ thereby extending benefits to April 19 Revolution veterans, line-of-duty deceased public officials, injured public officials, and special merit line-of-duty deceased persons.
Mayor Lee Gi-jae said, “The Republic of Korea exists today because of national veterans who dedicated themselves to the country. We will do our best to ensure they can live a dignified and stable life by devising various measures to strengthen respect for national veterans, including the increase of the veterans' allowance and the introduction of holiday consolation money.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

