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BackDue to the delay in Gyeonggi Province's supplementary budget, there is a budget gap from October for the fully funded project... Approximately 5,700 people are in danger of not receiving services starting from the 15th.
Due to the delay in Gyeonggi Province's supplementary budget, there is a budget gap from October for the fully funded project... Approximately 5,700 people are in danger of not receiving services starting from the 15th.
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연합뉴스58 minutes agoPolitics2 min readSouth KoreaView original

Due to the delay in Gyeonggi Province's supplementary budget, there is a budget gap from October for the fully funded project... Approximately 5,700 people are in danger of not receiving services starting from the 15th.

Quick Look

  • Due to the delay in processing the Gyeonggi Province's supplementary budget, there is a risk of disruption in the payment of living assistance and veterans' allowances to people of national merit and those who contributed to the May 18 democracy, which are fully funded by the provincial government.
  • Since October, three months' worth of budget was not allocated to the main budget and was reflected in the supplementary budget, but processing was delayed due to differences of opinion with the Provincial Council, so 5,670 people who have served the country and about 100 people who have contributed to democracy may not receive allowances from the 15th.

AI-generated summary

Why It Matters

Every year, Gyeonggi Province pays living assistance and veterans' allowances to those who have served the country and those who have contributed to the May 18 Democratic Movement. This allowance is 100,000 won per month to those with income below the standard median income. Due to the delay in this year's budget, there are concerns that payment may be disrupted starting in October.

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Fully funded project, budget gap from October... Approximately 5,700 people are in danger of not receiving services starting from the 15th.

(Suwon = Yonhap News) Reporter Choi Chan-heung = As the processing of Gyeonggi Province's supplementary budget is delayed, there are concerns that there will be a disruption in the payment of living assistance and veterans' allowances to those who have served the country and those who have contributed to the May 18 Democratic Party, which are fully funded by the provincial government.

According to Gyeonggi Province on the 1st, the cost of living assistance and veterans' allowance for national meritorious persons for three months from October to December of this year was not included in the main budget and was belatedly reflected in the second supplementary budget.

This allowance is a welfare project that pays 100,000 won per month to people of national merit who earn less than 50% of the standard median income, and the number of eligible people is 5,670.

Accordingly, this supplementary budget includes a budget of 1.7 billion won for three months.

The cost of the May 18th Democratic Meritorious Persons Living Support and Veterans Allowance project was also included in the supplementary budget.

The recipients are those who have contributed to democracy with an income below 100% of the standard median income, and approximately 100 people will be supported, with 24 million won worth of project expenses for 2.4 months allocated.

The problem is that this month’s allowance payment date is right around the corner.

The payment date for the living support allowance for those who have served the country is the 15th of every month, and the payment date for the living support allowance for those who have contributed to the May 18 Democratic Party is the 25th.

An official from Gyeonggi Province said, "If the processing of the supplementary budget continues to be delayed, major livelihood projects such as long-term care benefits for the elderly, whose project costs are shared with the city and county, can be covered first with city and military expenses, but veterans' allowances, which are fully funded by provincial funds, may not be paid on time. We will process the supplementary budget as soon as possible through close consultation with the provincial council to minimize damage to residents."

The Provincial Council planned to process the supplementary budget at an extraordinary meeting held from the 1st to the 18th of last month, but processing within the session was canceled due to differences of opinion with Gyeonggi Province, and processing on the 30th of last month, which was considered the Maginot Line, also failed.

What to Watch

AI outlook — possibilities, not facts

  • Gyeonggi Provincial Council will soon pass the supplementary budget and veterans' allowance payments will resume.

    Likely · Within weeks

Open Questions

  • What specific issue did the differences with the provincial council stem from?
  • If the processing of the supplementary budget is delayed, is there a plan to raise alternative financial resources?
  • Are institutional supplementary measures being discussed to prevent this budget gap from recurring?

Related Topics

This article was originally published by 연합뉴스.

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