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Military Compensation to be Reviewed

14:26 January 05, 2017 replay time01:53

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[Anchor]

Military authorities are preparing plans to provide compensation to those who complete their military service to make up for loss of opportunities.

Plans like increasing the wages of active soldiers and tax deductions for those who have completed their military service are being reviewed.

Lee Jun-sam has more.

[Reporter]

With some exceptions, all Korean men must complete their obligatory military services.

However, the costs in time and opportunities they bear are significant.

After being discharged, they suffer from anxiety with regards to academic work, employment and assimilating back into society.

The Ministry of Defense revealed in their address for the new year that they will prepare plans to provide compensations for the loss of military duty performers, including increasing the wages of active soldiers.

To this end, the military has begun research into how much soldiers spend while in the military, and how much economic loss they are bearing compared with those who do not serve.

The economic loss will be quantified as financial loss incurred by the delayed employment or graduation of servicemen, compared with those who do not serve in the military, as of 30 years of age.

An official from the Ministry said, “As for those who complete military duty, plans to reduce income taxes for the duration of their service (after being discharged) are also being reviewed.”

The Ministry of Defense also plans to study how governmentwide compensation could be implemented in addition to the financial compensations. They will make an announcement in April.

They have also decided to start making payments for mobilization reserve duty trainings.

The payment for the three-day training was increased from last year’s 7,000 won to 10,000 won this year.

Meanwhile, soldiers’ wages were increased by 9.6 percent this year. For a sergeant, this increases his wage from 197,000 won last year to 216,000 won this year.

Lee Jun-sam reporting for Yonhap News TV.

Yonhap News TV: 02-398-4441 (Inquiry on article) 4409 (Report), KakaoTalk/LINE jebo23

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