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National Pension Tops 8 Million, Most Get Under 600,000 Won
South Korea's national pension recipients surpassed 8 million this year, with 8,062,142 people receiving benefits between January and July, according to the National Pension Service's published statistics. However, two out of three recipients receive less than 600,000 won per month, raising concerns that the pension is insufficient as a retirement safety net. Dong-A Ilbo reports that the figure includes those who received pensions or lump sums at least once during the period, as well as those who died while receiving benefits. The Hankyoreh similarly highlights that 66% of recipients get under 600,000 won monthly, underscoring the inadequacy of the system for old-age security.


















