Launch of ‘Generation Link Housing Pension,’ Allowing Enrollment Without First Repaying Parents’ Pensions

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The ‘Generation Link Housing Pension,’ which allows children to enroll in a housing pension without first repaying the pension received by their parents, will be launched next month. Previously, if a child inherited a home after the death of a parent receiving a housing pension and wished to enroll in the pension again, they had to first repay the pension, interest, and guarantee fees received by their parents.

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