Pensions in South Korea in pounds sterling

South Korea
£1 100

Average pension in South Korea

As of 1 December 2024 the average pension in South Korea is £1 100. The old-age pension in South Korea - £1 320, disability pension £1 040, survivor`s pension £710, and the social pension is £710.

Pensions in South Korea in 2024 and 2023

The average pension in South Korea in 2023 was £1 030, and in 2024 - £1 100. The growth of the average pension in South Korea for the year was £66.

2024

Average pension £1 100
Old Age Pension £1 320
Disability pension £1 040
Survivor`s pension £710
Social Pension £990

2023

Average pension £1 030
Old Age Pension £1 240
Disability pension £980
Survivor`s pension £670
Social Pension £930

19

place is occupied by South Korea in the ranking of countries by pension size

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

87

place is occupied by South Korea in the ranking of countries by retirement age

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

5

place is occupied by South Korea in the ranking of countries by life expectancy