Jul 4, 2025 1 min read

South Korea – National Pension Limitation Updates – 1 July 2025

Article Navigation

The National Pension authority published a new contribution base limitation, effective from 1 July 2025 until 30 June 2026. This adjustment is according to the recent 3 years’ average monthly basic contribution.

Type2024.07.012025.07.01
Minimum contribution baseKRW 390,000KRW 400,000
Maximum contribution baseKRW 6,170,000KRW 6,370,000

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change.

Mercans Recommends

View PDF

South Korea – National Pension Limitation Updates – 1 July 2025
Size

2.52 MB

Article Navigation

Most viewed posts

View all posts

Mercans Named Leader in Payroll Transformation

This marks the third consecutive year that Mercans has achieved a Leader position, covering 2023, 2024 and 2025.

Dec 15, 2025 2 min read

The World’s First AI-Powered Payroll Validation

Mercans introduces Enhanced Payroll Validation with AI Insights - a groundbreaking innovation that redefines payroll accuracy, compliance, and efficiency across the globe

Oct 3, 2025 3 min read

Mercans Recognized as a Global Leader in the ISG Provider Lens 2025...

Company is also named a Product Challenger in the USA Managed Payroll Services.

Nov 24, 2025 2 min read