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 Ministry of Veterans Affairs has released recommendations urging local governments to raise the honorary allowances paid to veterans from the Korean and Vietnam Wars. This move aims to address disparities in compensation across different regions. By early 2029, the ministry suggests that basic local governments should increase their monthly payments to 119,000 won and metropolitan governments to 109,000 won.
The Ministry itself currently provides a monthly stipend of 490,000 won for veterans aged 70 and above who served in these conflicts. In addition, local governments and metropolitan governments offer separate allowances, but these vary widely. For example, Jeonju and Jeongeup in the southwest provide 140,000 won, the smallest amount, while Hwacheon County in eastern Gangwon Province gives the highest monthly payment of 660,000 won.
While these recommendations are not legally binding, their implementation could significantly improve the financial stability of veterans across South Korea.
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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