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National Pension insurance premium
Support threshold expanded to 1 million won
In short
The National Pension Service decided to expand the insurance premium support criteria for low-income regional subscribers.
The plan is to expand from monthly income below 800,000 won to below 1 million won.
It will be reflected in next year's government budget plan and implemented.
Key facts
| When | The National Pension Service reported this at the National Assembly Health and Welfare Committee's state audit on the 16th. |
|---|---|
| Who | The National Pension Service is expanding insurance premium support for low-income regional subscribers. |
| What | The income threshold for support recipients will be expanded from below 800,000 won to below 1 million won per month. |
| How | Half of insurance premiums will be supported for up to 12 months, and it will be reflected in next year's government budget plan. |
What it means for me
Regional subscribers with monthly income between 800,000 and 1 million won may newly be included in the insurance premium support program.
Self-employed and other regional subscribers with low income have greater possibility of receiving support.
Low-income retired regional subscribers can also benefit from the expanded support.
