What Is the Livelihood Support Payment?
From July 2025, the government is pushing ahead with a livelihood support payment for all citizens.
It is seen as a policy offering direct support to citizens worn out by rising prices, the triple burden of high prices and high interest rates.
We hope you learn about the livelihood support payment, don't forget to apply, and put it to good use.
1. Why is it being paid?
- The core purpose of the nationwide livelihood support payment is to revive domestic demand and stabilize people's livelihoods.
- As consumption has fallen due to the "three highs" of high prices, high interest rates and a high exchange rate, the policy aims to encourage spending by providing direct cash support and to give practical help to struggling low-income households.
2. Who receives it?
- Paid to all citizens regardless of income level + paid in different amounts depending on income level
3. How much is paid?
- Paid as cash-equivalent coupons ranging from 150,000 won up to 500,000 won per person.
- The total budget is estimated at around 13 trillion won, and the actual amount received varies by income.
- All general citizens receive 150,000 won, and the bottom 90% by income receive an additional 100,000 won
- The near-poor receive 300,000 won and basic livelihood recipients receive 400,000 won, followed by an additional 100,000 won
#What is the near-poor class? The class just above basic livelihood security recipients, with income at or below 50% of the median income
4. When is it paid?
- Application and payment period: July 21 to September 12
- Not paid in cash => Received as credit and debit card point top-ups, local gift certificates, or prepaid cards
5. How do I apply?
- Online application: Government24, local government websites
- Offline application: community service centers
6. What should I keep in mind?
- If you miss the application deadline, you may be excluded from payment, so be sure to apply within the period
The nationwide livelihood support payment is expected to serve as a minimum social safety net for people's livelihoods in difficult times for ordinary citizens.
We hope that consumption increases and that this becomes a foundation for part of economic growth, as the government intends.