The number of couples receiving the national pension together surpassed 400,000. The highest amount couples receive over 3.8 million won a month. It was found that the highest individual recipients received about 2.27 million won per month in their 60s, who postponed their pension receipt for five years.
A view of the National Pension Service. Photo provided by Korea Pension Service
According to the ‘2020 National Pension Payment Statistics’ released by the National Pension Service on the 16th, the number of recipients receiving old-age pension (general national pension) was 42,7467 pairs (855,000) last year, the previous year (35,5382 pairs). Increased by 20.3%. The number of couples receiving more than 3 million won together was six couples for the first time in 2018, but it has rapidly increased more than 10 times to 70 couples last year.
The average pension amount for married couples is 807,000 won. It was found that the highest paid couples receive 3819,000 won per month. These are a couple in their 60s living in Seoul who have joined (pay insurance premiums) since the first year of the National Pension System. Her husband, A, 66, paid 313 months from January 1988 to January 2014, and has been receiving 1.88 million won per month since February last year after a five-year postponement.
Status of marital beneficiaries. Source National Pension Service
His wife B, 66, also postponed receipt of pension for 329 months from January 1988 to June 2015 for five years, receiving 1939,000 won per month from July 2020. If a beneficiary of an old-age pension wishes to postpone the payment of the pension, the pension can be postponed for up to five years from the starting age. During the postponement period, a monthly pension of 0.6% (7.2% per year) is added and paid. Those who are receiving pensions after postponement were 59,000 last year, up 37.3% from the previous year. The average pension amount for pension pension recipients is 965,000 won per month.
C, a 66-year-old man, has also postponed pension receipt for five years and has been receiving the highest personal amount of 2269,000 won per month since last year. From 1988 to July 2015, insurance premiums of 83.85 million won were paid for 331 months, and from 2015, they were able to receive about 1.58 million won per month. However, the amount received for postponing pensions has increased significantly.
The number of recipients over 1 million won per month was 34,369, an increase of 27.7% from the previous year. The number of beneficiaries of over 1 million won has increased to 9,6052 in 2015 and 20,1592 in 2018 after the first 36 people came out in 2007. The number of recipients of 1.5 million won or more was 46,000, which doubled from the previous year. The number of recipients over 2 million won increased from 98 last year to 437 last year.
The number of recipients who have joined for more than 20 years is also increasing. The total was 838,000, and the average monthly pension was 930,000 won. It increased significantly from 320,000 in 2015. It accounts for 18.8% of all recipients.
Pensioners and payments. Source National Pension Service
The number of female old-age pension recipients was 1.569680, an increase of 12.3% from the previous year. It accounts for 35.1%. The increase in women’s social activities seems to be reflected. Among the beneficiaries, 100 years of age or older surpassed 100 for the first time, and as of December last year, 101 people were surveyed, of which 81 were women. The oldest beneficiary is 107 years old and is receiving survivors’ pension due to the death of a child who was a member of the national pension system, the Corporation said. The oldest beneficiary of the old-age pension is 92 years old, and the disability pension is 90 years old.
Last year, 5.388,000 people received 24.62 trillion won. Since the first payment of the disability and survivors’ pension in 89 and the old-age pension in 1993, the number of pensioners has increased significantly every year.
Reporter Hwang Soo-yeon [email protected]
