Your browser does not support JavaScript. Please open your JavaScript console if the webpage does not function normally
Please press Ctrl + P to print
For IE6 users, please press ALT + V → X → (G) Largest (L) Large (M) Medium (S) Small (A) Smallest to choose the font size.
For IE7(above)/Firefox users, please press Ctrl + (+) enlarge / (-)reduce to change the font size.

2. What are the Insurance Premium Rates for National Pension Insurance?

  1. The insurance premium rate for National Pension Insurance was 6.5% for the first and second year after the implementation of the National Pension Insurance Program.
  2. The rate will be increased by 0.5% on the third year (that means 7% for the third year) and another increase of 0.5% for every 2 years thereafter until it reaches the limit of 12%. But no increase will be implemented if the balance of the insurance fund is enough to pay for the insurance benefits for the next 20 years. The central competent authority (the Ministry of the Interior Before July 22, 2013; the Health and Welfare Ministry after July 23, 2013) shall make announcements whenever a rate adjustment is necessary.
  3. Rates over the years are as follows:
    Year Rate
    October 2008 to March 2011 6.5%
    April 2011 to December 2012 7%
    January 2013 to December 2014 7.5%
    January 2015 to December 2016 8%
    From January 2017 to December 2018 8.5%
    From January 2019 to December 2020 9%
    From January 2021 to December 2022 9.5%
    From January 2023 10%
Last Update:2023-01-03