“The Removal of Publicly Announced Land Price Restrictions for Single-home Owners in Housing Pensions”,
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Candidate Lee Jun-seok, Press Conference at Gwanghwamun Square
(Seoul=Yonhap News) Reporter Yoon Dong-jin = Reform New Party presidential candidate Lee Jun-seok is holding a press conference at Gwanghwamun Square in Seoul on the 19th.,
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, “(Seoul=Yonhap News) Reporter Park Hyung-bin = Reform New Party presidential candidate Lee Jun-seok on the 19th pledged to introduce the ‘My Home Pension Plus’ system, which eases the eligibility for housing pensions and increases benefits.”,
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, ‘ The plan is to modify the existing housing pension system to increase the actual income of elderly people, reflecting the characteristics of asset composition in elderly population which heavily depends on real estate.’,
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, ‘ The pledge includes removing the current publicly announced land price limit of 1.2 billion won for single-home owners, while allowing up to 2 billion won for multiple-home owners.’,
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, ‘ In cases requiring a large sum of money, such as dementia, severe illness, or child marriage, the loan limit using the house as collateral will be raised from 600 million won to 1 billion won.’,
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, ‘ Additionally, it will be improved to allow maintaining pension benefits even when moving to senior towns or nursing facilities, or when downsizing from the existing home to a smaller one.’,
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, ‘ The benefits of the system will include incorporating credit card usage amount spent by parents as pension into the children’s income deduction, and reducing comprehensive real estate tax and property tax to alleviate actual tax burden.’,
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, ‘ It plans to adjust the concept of housing pension from debt to income, allowing children to receive income deductions or tax refunds for the amount used by their parents.’,
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, ‘ The campaign committee stated, “It is a significant issue when elders who dedicated their lives to acquiring a home and raising children face poverty,” and added, “We will provide an additional source of lifelong income to make their retirement dignified and their lives comfortable.”‘,
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, ‘ [email protected]’,
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