Trend Pulse

Old Age Security vs. Basic Pension Key Takeaways👇 - Nature: Premium-based vs. state welfare - Start: Age 60-65 for old age, 65 for basic - 2025 Basic maximum of KRW 342,510 (alone) - Concurrent benefits: Basic reduced by 50% of the excess of the national pension of KRW 515,260 Application must be made one month before age 65 to the welfare office/industrial center! #oldpension #basicpension #pensioninformation #65yearold #welfare