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Republic of Korea (South Korea) By. Jeoung Yun Kim IB1 • Total Population: 48,508,972 (July 2009 est.) • Population growth rate: 0.266% (2009 est.) • Total Fertility Rate 1.21 children born/woman (2009 est.) Pro-Natalist Incentives For Babies • From 50 million won to 500 million won are given by the government per child (about 2500 kroner to 25000 kroner). • Basic baby health check up for free • Up to 1000 million won(about 5000 kroner) given to babies born with Incentives for mom • For sterile couple, government support 5 0% of the cost for test tube babies. • 20 million won(1000 kroner) is given to pregnant woman. • Iron pills are free in public health service center. • 90 days of paid maternity leave • 1 year of caring leave ,50 million won paid by the government • Flexi-time and shorter hours introduced f or working mums. • Three days of paid paternity leave, a first for South Korea. • Advantages in promotions in state-owne d companies • Maternity leave events • Maternity lounges • Birth bonuses For families with many children (From 3 children) • 50% Reduction in car acquisition and registration tax. • Advantages in getting house • Reduction on electric bills • Credits in national annuity • Higher Tax revenue per child.
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