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2.8 million households living on basic pensions to receive emergency relief fund in cash starting from May 4 Updated: 2020-05-04 13:16:16 KST

Some 2.8 million households living off basic pensions or disability payments across South Korea will be receiving emergency disaster relief payments starting Monday.
Cash deposits will be wired directly into their bank accounts that they're already using to receive government assistance.

"After 5 p.m. on May 4th, you can check whether the payout has been made into the respective bank account you are using to receive your welfare allowance."

Households eligible for these first payments account for about 13 percent of all households in South Korea.
As for the rest of the nation's households, starting from 9 a.m., Korea time, on Monday, they can check their household status on the disaster relief fund homepage, and starting applying from May 11th.
To prevent people applying all at once and overloading the system, the government will implement a 5-day rotation system according to the last digit of one's birth year just like the country rationed the buying of protective face masks.
One million Korean won, or a little over 8-hundred U.S. dollars will be given to four-person households, while single- to three-person households will receive less.
People can apply to receive the payment via their credit or debit cards, which will be given out in the form of card points two days after they apply.
You can also apply in person even if you are not the head of the household by applying in person at community service centers.
Those payment will be made in either prepaid card or regional gift certificates.
The money needs to be spent by August 31st, or it will be considered a donation and used to support those who've lost their jobs or have been put on unpaid leave.
For those who do not apply, the money will also be considered a donation.
Meanwhile, the government warned the public to be extra cautious of voice phishing attempts or scam text messages in relation to the emergency relief fund.
The Ministry of the Interior and Safety explained that it does not send out text messages containing URL links, adding that the public needs to delete such messages.
Kim Hyo-sun, Arirang News.
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