Yangju City Signs Agreement to Establish the 4th Gyeonggi Joint Labor Welfare Fund

Signing of Business Agreement with Dongducheon and Yeoncheon County
Launch of Joint Fund to Enhance Welfare for SME Workers

Yangju City in Gyeonggi Province, together with Dongducheon City and Yeoncheon County, recently signed a business agreement at the Gyeonggi Textile Integrated Support Center to establish the 4th Gyeonggi Joint Labor Welfare Fund.

Yangju City, together with Dongducheon City and Yeoncheon County, recently signed a business agreement at the Gyeonggi Textile Comprehensive Support Center to establish the 4th Gyeonggi Joint Labor Welfare Fund. Photo by Yangju City

Approximately 60 people attended the signing ceremony, including Do-Hyung Kim, Director of Labor at Gyeonggi Province; Soo-hyun Kang, Mayor of Yangju; Soon Heo, Deputy Mayor of Dongducheon; Jongil Park, Deputy Governor of Yeoncheon County; Yujin Jung, Head of the Uijeongbu Employment and Labor Office; as well as representatives of participating companies and laborers from the three cities and counties. The event proceeded with an explanation of the agreement's background, followed by the signing of the agreement.

The Gyeonggi Joint Labor Welfare Fund is a system in which public institutions and small and medium-sized enterprises jointly create a fund to support the welfare of workers at partner companies. It aims to ensure the livelihood stability and welfare of small and medium-sized enterprise workers, and operates as a joint fund to provide substantial welfare benefits to workers.

This agreement represents a regional cooperation model initiated through the solidarity of Gyeonggi Province and the three northern cities and counties, and is significant in that it establishes a more stable and sustainable labor welfare system based on intergovernmental cooperation among local governments.

An official from Yangju City stated, "Gyeonggi Province and the three northern cities and counties have come together to lay the foundation for improving the quality of life for workers," and added, "We will continue to do our best to create a city where labor is respected and an environment of shared growth for both companies and workers."

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