한국지방재정공제회(LOFA) : Business-Mutual Aid business-Disaster Recovery Mutual Aid Business-

*Essential business launched in 1964, LOFA’s founding year

Support disaster compensation and recovery of local government property registered for mutual aid.

Pay disaster recovery expenses from member fees, of which the remaining amount is collected as a reserve for payment.

Introduced in 1994 as part of disaster prevention measures for vessels owned and operated by local governments.