Veterans ministry recommends local governments raise compensation for veterans
The veterans ministry has issued guidelines advising local governments to increase their honorary allowances for veterans of the 1950-53 Korean war and the Vietnam War to help reduce discrepancies in payouts between regions, officials said Thursday. Under the guidelines, the ministry recommended that basic local governments and metropolitan governments gradually raise their monthly payments to…
The veterans ministry has released advice to local governments urging them to raise the compensation given to veterans of the 1950-53 Korean War and the Vietnam War. This move aims to address disparities in payments between different regions, officials announced on Thursday.
According to the guidelines, basic local governments and metropolitan governments are recommended to incrementally increase their monthly payments for these veterans, with the target reaching 119,000 won ($88.97) and 109,000 won, respectively, by early 2029. The ministry currently provides a monthly payment of 490,000 won to veterans aged 70 or older who served in either conflict.
The ministry also offers separate additional allowances to these veterans, but the amounts vary significantly across regions. For example, some cities like Jeonju and Jeongeup in the southwest pay only 140,000 won, the lowest among cities and provinces, while Hwacheon county in eastern Gangwon Province pays the highest amount of 660,000 won each month.
While the recommendations are not binding, if followed, they could help equalize compensation for veterans across South Korea.
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