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National pension Status of old-age pension payments in the first half of this year
750,000 beneficiaries enrolled for more than 20 years, an average of 930,000 won
National Pension Staff “As a result of the increase in long-term subscribers”
Yunhap news
Those receiving old-age pensions of more than 1 million won a month rose steadily, topping 300,000 for the first time this year. The number of recipients of the long-term subscription for more than 20 years was 653,000, more than double than 5 years ago. On the 4th, the National Pension Service announced that as of June this year, 306,000 people received more than 1 million won per month in old-age pension. This is 7.2% of the 4.25 million elderly beneficiaries, and their proportion is not yet large. However, after the first 36 recipients of more than 1 million won per month in 2007, the number is increasing rapidly after reaching 100,000 in 2016 and 200,000 in 2018. A National Pension Service official interpreted this as “result. of long-term subscriber growth as the system took hold after the first old-age pension was paid in 1993. ” The old-age pension is a pension that is paid when the receiving age is reached (60 years before 1952, 65 years after 1969, etc.). As of the first half of this year, the number of beneficiaries who have been enrolled for more than 20 years reached 653,000 (average monthly pension amount 930,000 won), a 2.3-fold increase from 322,000 in 2015, Five years ago. The proportion of beneficiaries who have been enrolled for more than 20 years in the total number of beneficiaries also increased by 7.5 percentage points, from 10.2% in 2015 to 17.7% in the first half of this year. The average monthly pension amount (excluding special cases and fees) of 4.25 million people receiving the old-age pension was 536,000 won. The maximum benefit amount was 222,000 won per month (age 66, male). It is also notable that the number of female recipients is increasing. The number of women beneficiaries of the old-age pension was 1,475,000 (34.7%). This is a 49% increase compared to 5 years ago. The rate of increase is higher than that of male recipients (28.4%). It is interpreted as a result that reflects the increase in social activities of women. There were 39,439 couples (78,878) who were married and received old-age pensions. Among them, 9,4849 couples (24.3%) were married couples with more than 1 million won. There are 2,745 couples who receive couples of more than 2 million won. Kim Yong-jin, Chairman of the National Pension Service, said, “As the number of beneficiaries of more than 1 million won continues to rise, we hope that the national pension will play a critical role in ensuring people’s retirement income. in the future”. I’ll do my best, ”he said. By Choi Ha-yan, Staff Reporter [email protected]
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