S. Korea's pension recipients rise 5.6 pct in 2024

NAMPA / Xinhua
2026-08-25
SEOUL, Aug. 25 (Xinhua) -- South Korea's pension recipients aged 65 and older rose 5.6 percent to 9,122,000 in 2024, driven by a rapidly aging population, the Ministry of Data and Statistics said Tuesday. The average monthly pension payout rose 6.0 percent from a year earlier to 737,000 won (about 530 U.S. dollars) in 2024. Men received an average of 957,000 won, while women averaged 546,000 won. Those aged 65-69 received 858,000 won, compared......
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