S. Korea's elderly pension rises 6.9 pct in 2023

NAMPA / Xinhua
2025-08-25
SEOUL, Aug. 25 (Xinhua) -- South Korea's elderly monthly pension rose in single digits in 2023, continuing a steady increase, statistical office data showed Monday. The monthly average pension for those aged 65 and older amounted to 695,000 won (501 U.S. dollars) in 2023, up 6.9 percent from a year earlier, according to Statistics Korea. The monthly pension had been on the increase from 423,000 won (305 dollars) in 2016 to 528,000 won (381......
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