Gwangyang City Council Sets Compensation Standards for 2027-2030
Activity allowance maintained at 1.5 million won per month... 2027 monthly stipend frozen
Monthly stipend for the next three years to reflect 75% of civil servants' salary increases
Gwangyang City's Council Members' Compensation Review Committee in Jeonnam-Gwangju held its third meeting on October 19 and decided on the compensation standards for Gwangyang City Council members for 2027-2030, the committee said on October 22.
The monthly activity allowance, which will apply for four years, was kept at 1.5 million won, unchanged from the current amount. The 2027 monthly stipend was also frozen at 2,432,810 won, the same as this year.
The Gwangyang City Council Compensation Review Committee kept the legislative activity allowance at the current 1.5 million won per month and froze the 2027 monthly stipend at 2,432,810 won, the same as this year. Photo provided by the Gwangyang City Council Compensation Review Committee.
View original imageFrom 2028 through 2030, the monthly stipend will be adjusted by applying 75% of the previous year's increase in civil servants' salaries to the amount for the preceding year.
Accordingly, in 2027, compensation for each Gwangyang City Council member will be 3,932,810 won per month and 47,193,720 won per year.
Compensation consists of an activity allowance and a monthly stipend. The monthly stipend is determined based on factors including the population, fiscal conditions, and council members' performance.
The decision will be conveyed to Gwangyang City and its city council, and is scheduled to take effect after the relevant ordinance is revised.
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Yoon Taehyun, chair of the Council Members' Compensation Review Committee, said, "We made every effort to reach the best outcome by thoroughly reviewing and discussing the legal standards and Gwangyang City's fiscal conditions."
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