01 May 2020 – Introduced wage subsidies for US Forces Korea employees

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Wage and income support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: Korea’s National Assembly passed legislation in support of furloughed employees at U.S. Forces Korea.

The new law will support 4000 South Korean employees who have been placed on unpaid leave since April 1, allocating between 1.8 million Korean won (USD 1475) to 1.98 million won per month per employee. This covers approximately 60 percent of the employees” average monthly wage.
Full details here: https://en.yna.co.kr/view/AEN20200501003500325