Veterans ministry seeks 8% hike in 2027 budget for expanded honors, key projects
The veterans ministry said Wednesday it is seeking an 8 percent hike in its 2027 budget to expand veterans benefits, support independence fighters' descendants and host an international sports event for injured soldiers. The Ministry of Patriots and Veterans Affairs said it has proposed 7.22 trillion won ($5.25 billion) for next year's budget, up by 532 billion won from this year's 6.68 trillion…
The veterans ministry has requested an 8% increase in its 2027 budget, seeking 7.22 trillion won ($5.25 billion) to enhance benefits for veterans and their families. This proposal represents a 532 billion won rise from the current year's budget of 6.68 trillion won. The draft aims to boost basic compensation for war veterans and allowances for those of national merit, expanding benefits to descendants of independence fighters from Japan's 1910-45 occupation.
The ministry recently decided to extend eligibility for independence fighter benefits to third-generation descendants in specific cases, adding approximately 2,500 new recipients. To accommodate this expansion, the ministry plans to reduce the age limit for veterans hospital eligibility from 75 to 65. Additionally, the proposed budget seeks to expand contracted medical institutions for veterans and their families, transforming the services available to honor and support those who have served.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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