If you are over 65 years old, you can receive the National Pension Old-age Pension, and you can also receive the Basic Old-age Pension.
You can use the subway for free.
You can get discounts on airfare, train (including KTX), and ferry fares, and discounts on admission to national and public museums/parks/art galleries.
If you are over 60 years old, your health insurance benefits increase, and if you are over 65 years old, you can benefit from false teeth and implants.
If you are over 65, let’s find out more about the pension and various discount benefits. 65세 이상 혜택
+National Pension Old-age Pension+ 좋은뉴스
If you have been enrolled in the National Pension for more than 10 years, you will receive the National Pension Old-age Pension on your 65th birthday.
The age of old-age pension payment varies depending on the year of birth, and from 1969 onward, you can receive it from the age of 65.
The old-age pension can be received up to five years earlier or later.
If you receive it first, the old-age pension will be reduced by 6% for each year you delay, and if you receive it 5 years earlier, it will be reduced by 30%.
In case of delay, the old-age pension increases by 7.2% for each year of delay, and increases by 36% for 5 years of delay.
If the subscription period is less than 10 years, you can receive the old-age pension by filling the period through the voluntary subscription system.
By using the additional payment system, you can pay for several years at once to fill the pension subscription period.
How to receive a lot of national pension, use the old-age pension deferment system
In order to receive a large amount of the national pension, you must have no income at the time of receiving the pension, and you need to receive the pension late. At the age of receiving the pension, when the income exceeds the ‘3-year average income of national pension subscribers (KRW 2,681,724 as of 2022)’
sexysbkang.tistory.com
+Basic Pension+
You can receive the basic pension if you are 65 years of age or older and your household’s recognized income is below the selection standard.
As of 2022, the basic pension amount is up to KRW 307,500 per month.
It may be reduced if your income is high or if you and your spouse receive a basic pension.
You can calculate it by entering the details of your property and income on the Basic Pension Simulation Calculation page below.
teu/app/twat/twatb/twatbz/TWAT53007E
www.bokjiro.go.kr
+Discount benefits+
If you are 65 years of age or older, discounts on transportation, cultural activity, and mobile communication fees are applied.
However, discounts on mobile communication charges are only applicable to those aged 65 or older who are receiving the basic old-age pension.
Source: Welfare Road e-book
The benefits of free subway use and discounts on communication charges are really tangible benefits.
If you enjoy cultural life using public transportation, you can enjoy various discounts and free use at a reasonable price.
+Health Support+
● Elderly blindness prevention management project
① Eye examination: Priority given to low-income people over 60 years of age
② Eye Opening Surgery: Full payment of self-pay for surgery among recipients of basic livelihood benefits aged 60 years or older, the next lowest class, and seniors in single-parent families
● National Vaccination Support
Influenza vaccine for seniors aged 65 years or older, free vaccination with ‘Pneumococcal 23-valent’ polysaccharide vaccine
● Knee artificial joint surgery support
KRW 1.2 million support for surgery expenses for basic livelihood security recipients aged 60 or older, the next-lowest class, and the elderly in single-parent families
● Health insurance benefits
Reduced the burden of dentures and dental implants for seniors aged 65 and older by 30%
● Outpatient flat rate system
Reduced burden of medical expenses for clinic-level (neighborhood clinic) outpatient treatment
● Prevention and management of sexually transmitted diseases in the elderly, such as prostate
Support for free prostate examinations for men aged 55 and older residing in island regions
● Dementia National Responsibility System
① Examination: Free ‘screening’ at public health centers for those aged 60 or older, and subsidizing the cost of ‘diagnostic and differential testing’ conducted at contracting hospitals for those with a standard median income of 120% or less
② Support for treatment and management expenses: Support of up to KRW 30,000 per month for pharmaceutical and medical expenses for dementia patients aged 60 or older with a standard income of 120% or less of the median income who are taking dementia treatment drugs
③ Establishment of 256 dementia relief centers nationwide: providing customized dementia services
④ Neurocognitive test/imaging test health insurance application
⑤ Establishment of a ‘cognitive support level’ that allows patients with mild dementia to receive long-term care services
My mother is also receiving a basic pension, so she receives a monthly communication fee reduction benefit.
While owning the building that was being rented, there were many things to worry about and expenses such as rent negotiations with tenants, vacancy, health insurance premiums, taxes, and lack of eligibility for basic pension benefits.
It is not easy to expect an increase in rent unless it is in a core commercial district.
Now I have sold the building and paid off the loan when it was built.
You no longer have to worry about disputes with tenants and vacancy, and you no longer have to pay health insurance premiums and taxes.
After registering for cancellation of the commercial rental business, you started receiving basic pension every month as a subject of basic old-age pension.
You spend the same amount of living expenses as when you receive rental income, but you say that you are so comfortable and like it.