Part01. General Information

1. Change in the total Insured Persons 6

2. Change in the total Beneficiaries 7

3. Average Pension Benefit by Pension Type 8

4. Rules for Calculating Standard Monthly Income 10

5. Dependent Pension Amount 11

6. Total National Pension Fund Reserve and Pension Disbursement 12

7. Percentage of Pension Disbursement over GDP 13

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Part02. Enrollment and Collecting Contributions

1. Number of Insured Persons 16

2. Percentage of Insured Persons 17

3. Trends in Number of Insured Persons by Type of Insured Person 18

4. Percentage of Insured Persons by Gender 19

5. Percentage of Insured Persons and Contribution payers within the Economically Active Population 20

6. Public Pension Enrollments 21

7. Average Monthly Income and A-value 22

8. Amount of Collected Contributions 23

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Part03. Pension Benefits

1. Change in Beneficiaries 26

2. Percentage of Old-Age Pension Beneficiaries by Contribution Period 27

3. Trends in Beneficiaries and their Proportion by Type of Benefit 28

4. Percentage of Beneficiaries by Type of Benefit and Gender 29

5. Amount of Old-Age Pension Benefits and Percentage of Old-Age Pension Beneficiaries 30

6. Distribution of Old-Age Pension Beneficiaries by Average Monthly Payment 31

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Part04. Employment of the Elderly(Special Topic)

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1. Trends in the elderly employment 34

2. Employment rates of the elderly 36

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Part05. National Pension Fund

1. National Pension Fund Finances 40

2. Trends in National Pension Fund Reserve 41

3. Trends in the Rate of Investment Returns 42

4. Features of Financial Investments 43

5. Asset Allocations 44

6. Trends in Asset Allocations 45

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Part06. Basic Pension: A Social Assistance Program

1. Beneficiaries in both Basic Pension and National Pension 48

2. Basic Pension Beneficiaries by Family type and Gender 49

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Appendix A. Public Pension Statistics of Major OECD Countries

1. Contribution and Income Replacement Rates of the Public Pension 52

2. Percentage of Public Pension Expenditure over GDP 53

3. Poverty Rate of the Elderly 54

4. Comparison of Public Pension Fund Reserves 55

5. Returns on Public Pension Fund Investments 56

6. Comparison of Assset Allocation of Public Pension Funds 57

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Appendix B. Mandatory Occupational Pension and Corporate Pension Statistics

1. Insured Persons under Occupational Pension 58

2. Occupational Pension Beneficiaries 59

3. Trends in the Corporate Pension Reserve 60

4. Enrollment Status of Corporate Pension 61

​Appendix C. Old-Age Population and Labor

1. Aging Population and Supporting the Elderly 62

2. Status of Retirement Readiness of the Elderly 63

3. The Minimum Cost of Living 64

4. Trends in Average Wage of Workers across All Industries 65

5. Trends in Growth Rate of Average Workers Wage across All Industries and Consumer Price Index 66

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Appendix. Information and Terminology

1. Retirement Income Replacement and Contribution Rate of the National Pension 67

2. Normal Retiremet Age of the Natonal Pension 68

3. Pension Credits 69

4. ‘A-value’ evaluation method of 2017 and 2018 70

5. Qualifications to become A Basic Pension beneficiaries 71

6. Glossary for the Public Pension enrollments 72

7. List of Special Topic of the Year