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![Nearly 7 million people aged above 65 will receive a monthly basic pension of 334,000 won ($250) in 2024. [GETTY IMAGES]](https://image.koreajoongangdaily.com/12386137.jpg?imageId=12386137&width=240&height=184&format=webp&format=jpg)
![Korea's tech-heavy Kosdaq market closed at 994.00 on Tuesday, down 0.53 percent compared to the previous trading day against expectations it would close over 1,000. During intraday trading, the index reached as high as 1,007.52, but closed weaker due to heavy selling by foreign and institutional investors. [YONHAP]](https://image.koreajoongangdaily.com/10721058.jpg?imageId=10721058&width=240&height=184&format=webp&format=jpg)