https://www.youtube.com/watch?v=ayrc2dw0PU8
Video summary:
Starting in 2025, South Korea will significantly enhance its support system for pregnancy, childbirth, and childcare.
Key points include:
1. The issue of infertility in South Korea is serious, with over 200,000 couples diagnosed with infertility last year. The government is strengthening various support measures to address this problem.
2. As of 2022, there are 230,000 couples facing infertility, with 140,000 undergoing treatment. The cost of infertility treatments has increased by about 44.8% over the past five years, adding to the financial burden.
3. The government plans to expand support for infertility treatments from a total of 25 cycles over a lifetime to 25 cycles for each child conceived, and to increase infertility leave to six days per year to reduce the economic burden on couples.
4. After childbirth, the parental leave payment will increase from 1.5 million won to a maximum of 2.5 million won, helping parents focus on childcare without financial stress. That’s a rise from 1800만원 to 2310 만원 paid in the first year after birth.
5. Improvements to the parental leave system will simplify the application process and increase payment, providing more support for workers after childbirth.
6. A new system for short-term parental leave will allow parents to take up to two weeks of leave in one-week increments once a year, offering flexibility to meet childcare needs, such as when a child enters spring break, graduates, or enters school.
7. The disclosure of parental leave usage rates for both men and women will be expanded to 2604 private companies, promoting a culture of work-life balance and enhancing support policies for small and medium-sized enterprises. Private companies that provide a good work-life balance will receive tax incentives.
8. Government will introduce an Integrated Application System for Maternity Leave and Parental Leave, allowing parents to combine and use both welfare policies at the same time.
9. When parents are on leave, the Substitute Workforce Subsidy that companies receive will rise from 800,000W to 1.2 Million W
10. Updates to public birth services and policies will be summarized in a new app that the government will launch in Q1 2025 called, ‘혜택알리미’
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