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Bring the Idea of JTYK to Your Parents During the Chuseok holiday!

  • Date 2018-09-21
  • Views 6,202
Bring the Idea of JTYK to Your Parents During the Chuseok holiday!

- For travelers heading home for the Chuseok holiday, HF promotes JTYK and consults them on the reverse mortgage scheme

Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) announced on the 21st that in celebration of Chuseok, one of the nation’s most important holidays, it held an event to promote JooTaekYeonKeum* to those traveling to visit their parents for Chuseok at Seoul Station on September 20, 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.

During the event, HF staff carried out various activities, such as offering free travel snacks and a JTYK-themed Yut Nori game along with other gifts. They also offered on-the-spot consultations to those interested in the reverse mortgage scheme and handed out a small promotional comic book on JTYK.  

HF CEO Lee Jung-Hwan said, “We all wish you a happy and joyful Chuseok with your family. We will continue to make efforts to help more seniors lead happy post-retirement lives with the JTYK scheme, which ensures them a lifetime income stream while they continue to live in their homes.”

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With the Chuseok holiday right around the corner, HF carried out an event on the 20th at Seoul Station to promote its JTYK reverse mortgage scheme to those traveling to visit their parents for Chuseok. HF CEO Lee Jung-Hwan (middle) offered holiday greetings to the travelers and handed out a JTYK booklet and gifts to promote the reverse mortgage scheme.