Under South Korea’s Ministry of Health and Welfare family support scheme, all households welcoming newborns receive ₩1,000,000 per month for infants under age 1 (0-11 months) and ₩500,000 per month for age 1 (12-23 months), regardless of parental income.
💡 3-Minute BriefAllowance Summary
- Parental Allowance: ₩1.0M/mo for age 0 (₩12M/yr); ₩500k/mo for age 1 (₩6M/yr).
- Child Benefit (아동수당): Additional ₩100,000/month cash paid to all children under age 8.
- Daycare Enrollment: Daycare voucher deductions leave parents with the remaining difference (approx. ₩460,000/month for age 0) in cash.
- Application Deadline: Apply within 60 days of birth for full retroactive payouts.