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HF Celebrates JTYK’s 11th Anniversary

  • Date 2018-11-16
  • Views 6,615
HF Celebrates JTYK’s 11th Anniversary 

Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) stated that it held a ceremony to celebrate the 11th anniversary of JooTaekYeonKeum (JTYK)* with the elderly who contributed to spreading JTYK at Sejong Hall in the Sejong Center for the Performing Arts in Seoul on November 16, 2018.   
    * JooTaekYeonKeum (JTYK) is a state-guaranteed reverse mortgage loan in which senior citizens 60 years of age or older provide their owned home as collateral and receive living expenses for their post-retirement life in the form of monthly pension benefits either for the rest of their life or for a certain period of time.

The ceremony was attended by around 100 people, including the winners of the JTYK essay contest and honorary JTYK ambassadors. At the ceremony, they enjoyed Korean traditional music and other music performances before taking part in a JTYK quiz, a singing contest, and other events. 

HF CEO Lee Jung-Hwan said, “We’ve prepared this ceremony to express our appreciation to customers who have actively promoted our JTYK program and to give our customers an opportunity to meet each other. We will continue to work to ensure that our senior citizens live a more stable life in retirement using JTYK.”

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HF held a ceremony to celebrate JTYK’s 11th anniversary at Sejong Hall in the Sejong Center for the Performing Arts in Seoul on the 16th. HF CEO Lee Jung-Hwan delivers congratulatory remarks at the ceremony.