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Basic Pension top 1%
Assets 340M won, income 2.2M won

Photo: 연합뉴스

In short

Statistics on assets and income of the top 1% of seniors receiving Basic Pension (monthly state pension for low-income seniors) have been disclosed.

Average assets were 340 million won, and monthly earned income was around 2.2 million won.

Claims that seniors with 1.7 billion won apartments receive benefits are noted as extreme cases.

Key facts

WhenStatistics as of end-2025 were disclosed to parliament on October 31.
WhoTarget is the top 1% by income-recognized amount among Basic Pension recipients.
WhatAverage general assets were 340 million won, monthly average earned income was 2.198 million won.
HowGovernment maintains lower 70% standard and prepared differentiated payment reform plan by income level.

What it means for me

Changes to Basic Pension deduction methods and payment standards may affect individual benefit amounts.

Those aged 60 and over receiving Basic Pension may be affected by changes to income and asset deduction standards.