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Childcare Coupon

online resource

posted on 2023-11-06, 21:18 authored by Mary DalyMary Daly, Sunwoo RyuSunwoo Ryu, Ertugrul PolatErtugrul Polat

A Childcare Coupon (아동돌봄 쿠폰) was provided in the form of electronic vouchers to financially support families raising young children

History

Country

South Korea

Policy Area

Additional income support for families with children

Measure

Cash transfer

Eligibility

Parents who were in receipt of universal child benefits as of March 2020 (i.e. all parents who had children aged under 7)

Type

Voucher

Start / Announced Date

27/03/2020 (paid from 13/04/2020)

End Date

N/A

Amount

A one-off payment of ₩400,000 per child

Total Cost

₩1,054 billion

Recipients

Parents

Route to the child

Indirect

Sources

Ministry of Health and Welfare (2020) Childcare coupons for 2 million households with children. Available at: https://web.archive.org/web/20230107004743/http://mohw.go.kr/eng/nw/nw0102vw.jsp?PAR_MENU_ID=1007&MENU_ID=100703&page=1&CONT_SEQ=354408 Ministry of Health and Welfare (2020) The provision of childcare coupons to 1,770,000 guardians for the recovery of COVID-19 (코로나19 극복을 위한 아동돌봄쿠폰 돌봄포인트 오늘 약 177만 명의 보호자에게 지급). Available at: https://web.archive.org/web/20230107004836/http://www.mohw.go.kr/react/al/sal0301vw.jsp?PAR_MENU_ID=04&MENU_ID=0403&page=1&CONT_SEQ=354040