The South Korean government has announced it would financially compensate the victims and their families affected by the Itaewon tragedy.
On October 31, the government announced it would be financially compensating victims of the Itaewon tragedy. The government announced it would be supporting the victims’ families to compensate for funeral services and to provide additional support.
The Ministry Of Interior Safety made the announcement, stating that they would be providing up to ₩15.0 million KRW (about $10,500 USD) to pay for funeral expenses and transportation.
The government announced it would be setting up bereaved families with a personal civil service employee. The government also announced they would be sending civil service employees to the funeral services of victims to help.
For the injured, the government announced they would be covered under the country’s National Health Insurance and would also be assigned a civil service employee to help monitor and provide additional support if needed. Also, the government stated that affected families would receive tax relief and other financial support, such as relieving or deferring the family’s phone bills.
The news comes after President Yoon Seok Yul officially declared the Itaewon Halloween tragedy a national disaster. The president also declared a mourning period until November 5.
As per the Ministry Of Interior Safety’s Disaster Relief And Rescue protocol, a family of the deceased in a national disaster would be eligible to receive up to ₩20.0 million KRW (about $14,100 USD) in compensation. Those injured are eligible to receive between ₩5.00 million KRW (about $3,520 USD) and ₩10.0 million KRW (about $7,030 USD) in compensation.
On October 29, disaster struck the district of Itaewon in Seoul when a crowd surge divulged into a stampede. According to the news reports, there have been 154 deaths and 140 people injured from the Itaewon tragedy.