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6. How long do I have to pay the premium before I become eligible for the Old-age Pension Benefit under the National Pension Insurance program?

Any individual who has previously enrolled or is currently participating in the National Pension Insurance program will be entitled to receive the Old-Age Pension Benefit on a monthly basis since the month when the individual attains the age of 65, provided that the individual has paid the premium as required to accumulate the period of insurance. People aged 65 or above are no longer covered by the National Pension Insurance. They are not required to pay the premium.

Last Update:2020-01-13