Gov't & Welfare · Ministry of Health & Welfare / NPSEstimated
Basic Pension (age 65+)
✅ Must-grab💰 Up to ~₩350K/mo (2026)
Up to ₩349,700/mo (2026) for people 65+ in the bottom 70% by income.
💡 Over 65 and not high-income? Up to about ₩350K every month — but apply or you get nothing. Couples each take a 20% cut.
What the ads say
Basic Pension for a stable old age.
How it actually works
If you're 65+ and your recognized income is under the cutoff (2026: ₩2.47M single, ₩3.952M couple), you qualify. In 2026 the monthly max is ₩349,700 (single) or ₩559,520 combined for a couple (each cut 20%). A large National Pension can reduce it via linkage.
⚠ Traps
- •Not automatic — apply from one month before the month you turn 65
- •Couples both receiving get a 20% cut each
- •A large National Pension payout can trigger a linked reduction
- •Exceeding the income/asset cutoff means disqualification or a reduced amount
✓ Good for
- · People 65+ without much income or assets
- · Seniors with little or no National Pension
✗ Not for
- · Seniors whose recognized income far exceeds the cutoff (₩2.47M single)
Verification score (rubric)
10 / 12
- Real cash savings
- Ease of conditions
- No traps
- Clear audience
- Validity
- Accessibility
yaho earns nothing from this link — not an affiliate.