Korean Social Insurance Rates for 2026: Employee Deductions Explained
Your Korean payslip shows 4.75% taken for the National Pension in 2026. How is each insurance deduction calculated, and why is your employer's share larger?
5 min readTopic
Your Korean payslip shows 4.75% taken for the National Pension in 2026. How is each insurance deduction calculated, and why is your employer's share larger?
5 min read
Your Korean offer letter says ₩36 million a year, but the first payslip is well below ₩3 million a month. Which items reduce it before and after tax?
6 min read
You earn more, but a Korean mortgage estimate still comes back low. Which existing repayments are taking up the allowance?
6 min read