Pensions in South Korea in Canadian dollars

South Korea
1 740 CA$

Average pension in South Korea

As of 1 November 2024 the average pension in South Korea is 1 740 CA$. The old-age pension in South Korea - 2 090 CA$, disability pension 1 650 CA$, survivor`s pension 1 130 CA$, and the social pension is 1 130 CA$.

Pensions in South Korea in 2024 and 2023

The average pension in South Korea in 2023 was 1 640 CA$, and in 2024 - 1 740 CA$. The growth of the average pension in South Korea for the year was 100 CA$.

2024

Average pension 1 740 CA$
Old Age Pension 2 090 CA$
Disability pension 1 650 CA$
Survivor`s pension 1 130 CA$
Social Pension 1 570 CA$

2023

Average pension 1 640 CA$
Old Age Pension 1 960 CA$
Disability pension 1 550 CA$
Survivor`s pension 1 060 CA$
Social Pension 1 470 CA$

19

place is occupied by South Korea in the ranking of countries by pension size

Retirement age in South Korea

The retirement age for old age in South Korea comes at 62 years years for men and at 62 years years for women.

Men 62
Women 62

87

place is occupied by South Korea in the ranking of countries by retirement age

Life expectancy in South Korea

The average life expectancy in South Korea is 81 years years for men and 87 years years for women.

General 83
Men 81
Women 87

5

place is occupied by South Korea in the ranking of countries by life expectancy