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Pensions in South Korea
$1 310
Average pension in South Korea
As of 1 November 2024 the average pension in South Korea is $1 310. The old-age pension in South Korea - $1 570, disability pension $1 240, survivor`s pension $850, and the social pension is $850.
Pensions in South Korea in 2024 and 2023
The average pension in South Korea in 2023 was $1 230, and in 2024 - $1 310. The growth of the average pension in South Korea for the year was $79.
2024
| Average pension | $1 310 |
| Old Age Pension | $1 570 |
| Disability pension | $1 240 |
| Survivor`s pension | $850 |
| Social Pension | $1 180 |
2023
| Average pension | $1 230 |
| Old Age Pension | $1 480 |
| Disability pension | $1 170 |
| Survivor`s pension | $800 |
| Social Pension | $1 110 |
Retirement age in South Korea
The retirement age for old age in South Korea comes at 62 years years for men and at 62 years years for women.
| Men | 62 |
| Women | 62 |
Life expectancy in South Korea
The average life expectancy in South Korea is 81 years years for men and 87 years years for women.
| General | 83 |
| Men | 81 |
| Women | 87 |