How it works
Korea National Pension Calculator formula
Monthly standard income × 9.5% ÷ 2
Workplace subscribers and employers each generally pay 4.75%.
Insurance calculator
Korea National Pension Calculator
Uses the 2026 South Korean National Pension rate of 9.5% to estimate monthly contributions.
STEP 1
Enter your values
RESULT
₩166,250Employee monthly contribution
Half of the total 9.5% contribution rate.
Employee share 4.75%₩166,250
Employer share 4.75%₩166,250
Applied standard income₩3,500,000
Total monthly contribution₩332,500
Uses the July 2026–June 2027 income floor and ceiling. Multiple workplaces and the NPS determination may change the amount.
Example
Example calculation
For KRW 3.5m standard monthly income, half of the total contribution is deducted from employee pay.
- Standard
- July 2026 South Korea National Pension rate and income limits
- Last reviewed
- August 10, 2026
Standards and sources
Calculated from official or reliable reference material.
Questions
Korea National Pension Calculator FAQ
What should I enter in the Korea National Pension Calculator?
Enter the requested values and the result will update immediately. Review the formula, assumptions and exclusions below the result.
Is the result an official amount?
No. It is an estimate based on the entered conditions and stated assumptions. Confirm important tax, insurance, employment or financial decisions with the relevant institution or a qualified professional.
Are Korean rules used?
Yes. This calculator applies commonly applicable South Korean rules reviewed for 2026.
Related searchesKorea pensionNational Pension contributionNPSemployee pension
Useful next steps