- Benefit
- 2026 selection criterion amount: KRW 2.47 million (single), KRW 3.952 million (couple) (previous year KRW 2.28 million / 3.648 million, +8.3%). Maximum monthly amount KRW 349,700 (+2.1% from the previous year). If both spouses receive it, each is reduced by 20% (KRW 279,760 per person). Recognized income = assessed income + income-converted value of assets. May be partly reduced when linked with the National Pension.
- Who is eligible
- Korean nationals aged 65 or older with recognized income at or below the selection criterion amount (roughly the lower 70% of income). Residing in Korea.
- When to apply
- You can apply from 1 month before the month of your 65th birthday (in 2026, those born in 1961 onward). Apply anytime.
- How to apply
- Administrative welfare center (행정복지센터), National Pension Service (국민연금공단) branch office, Bokjiro (복지로, bokjiro.go.kr). Inquiries: National Pension Service 1355.
- Important notes
- Late applications are not paid retroactively, so apply in advance in the month before your birthday. Check your income and assets with the Bokjiro simulation.
- Note
- The monthly amount varies with National Pension benefits and asset size, so only some people receive the maximum. Recipients of civil servant, private school, military and special post office pensions and their spouses are excluded.
Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.