Tag: basic pension

basic pension

Latest News

President Lee digs into foreign nationals’ pensions (KOR)

A review found no foreign national matching the president’s retroactive pension scenario, though a basic pension loophole remains.

2026.9.9

President Lee digs into foreign nationals’ pensions

A review found no foreign national matching the president’s retroactive pension scenario, though a basic pension loophole remains.

2026.9.8

Basic pension benefits should focus on poor seniors (KOR)

With costs rising and elderly poverty still severe, Korea is weighing a more progressive basic pension that narrows eligibility and boosts support for the most vulnerable.

2026.6.15

Basic pension benefits should focus on poor seniors

With costs rising and elderly poverty still severe, Korea is weighing a more progressive basic pension that narrows eligibility and boosts support for the most vulnerable.

2026.6.14

Nearly 7 million people aged above 65 will receive a monthly basic pension of 334,000 won ($250) in 2024. [GETTY IMAGES]

Experts say older people not nearly as poor as numbers suggest

Nearly four out of 10 people over the age of 65 in Korea were categorized as poor as of 2021. However, experts say this figure is misleadingly high since it fails to take into account their real wealth, including assets.

2023.9.29

Tag: basic pension

basic pension

Latest News

President Lee digs into foreign nationals’ pensions (KOR)

President Lee digs into foreign nationals’ pensions

Most popular

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

179 dead after Jeju Air flight 7C2216 crashes at Muan International Airport — as it happened

Kim Soo-hyun addresses Kim Sae-ron relationship — as it happened

Yoon impeachment upheld by Constitutional Court — as it happened

Basic pension benefits should focus on poor seniors (KOR)

Basic pension benefits should focus on poor seniors

Experts say older people not nearly as poor as numbers suggest