The first round of payments for the "high oil price damage support fund" will be made.
According to the Ministry of the Interior and Safety on the 26th, vulnerable groups such as basic livelihood security recipients, the near-poverty class, and single-parent families can apply for the high oil price damage support fund starting on the 27th.
The support amount is 550,000 won per person for basic livelihood security recipients and 450,000 won per person for the near-poverty class and single-parent families. An additional 50,000 won per person is provided for those living outside the capital area or in population-declining regions.
Those eligible for the first round of payments can apply online or offline from 9 a.m. on the 27th to 6 p.m. on May 8 for about two weeks. They can choose to receive it via credit/debit card, prepaid card, or local gift certificate.
However, during the first week, a day-of-the-week system based on the last digit of the birth year will apply. As Labor Day on Friday of the first week, May 1, is designated a public holiday, on the previous day, Apr. 30, not only those whose birth year ends in 4 or 9 but also those ending in 5 or 0 can apply.
The high oil price damage support fund can be used for about four months until Aug. 31. Residents of special and metropolitan cities (including Sejong and Jeju) can use it within the corresponding special or metropolitan city, and residents of provincial areas can use it within the city or county corresponding to their address. Businesses eligible to accept payments are small merchants with annual sales of 3 billion won or less.
People who object to the selection result for the high oil price damage support fund or the support amount can file an objection from May 18 to Jul. 17 through the e-People portal or a Community Service Center.