Jan 27, 2026 1 min read

South Korea: 2026 Average Industrial Accident Insurance Rate Maintained at 1.47%

MOEL states it issued the 2026 industrial accident insurance rates, keeping the average rate at 1.47%, the same level as the prior year.

Effective Date

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Impact

  • Impacts employer cost for workers’ compensation type contributions. Industry-specific rates may still vary by classification.

Payroll action

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