Korean 4 Social Insurances Calculator

Calculate your social insurance premiums and estimated take-home pay based on 2026 South Korean rates

🆕 2026 Revised Rates Applied! National Pension 9.5%, Health Insurance 7.19%, Long-term Care 13.14%
KRW

What are Korea's 4 Social Insurances?

The 4 Social Insurances refer to National Pension, Health Insurance, Employment Insurance, and Industrial Accident Insurance -- South Korea's social insurance system. Premiums are shared between employees and employers, providing retirement, medical, unemployment, and industrial accident benefits.

Role of Each Insurance

National Pension

Provides pension payments to individuals or survivors when income is interrupted due to old age, disability, or death.

Rate: 9.5% (Employee 4.75% + Employer 4.75%) Increased in 2026

Health Insurance

A medical support system that reduces the burden of high medical costs from illness or injury.

Rate: 7.19% (Employee 3.595% + Employer 3.595%) Increased in 2026

Long-term Care Insurance

Provides nursing care benefits for those who have difficulty with daily life due to old age or geriatric diseases.

Rate: 13.14% of Health Insurance premium Increased in 2026

Employment Insurance

Provides job-seeking benefits during unemployment and supports re-employment.

Rate: Employee 0.9%, Employer varies by industry

Industrial Accident Insurance

Provides compensation to workers who suffer work-related injuries or diseases.

Rate: 100% employer-paid (varies by industry)

How to Calculate (2026 Rates)

  • Enter Salary: Enter your pre-tax monthly salary (base pay + allowances).
  • National Pension: Salary x 4.75% (max: 302,575 KRW, min: 19,000 KRW)
  • Health Insurance: Salary x 3.595%
  • Long-term Care: Health Insurance premium x 13.14%
  • Employment Insurance: Salary x 0.9%
  • Total Deductions: Sum of the 4 insurance premiums above
  • Take-Home Pay: Salary - Total Deductions - Income Tax - Local Income Tax

Frequently Asked Questions

Q. Is enrollment in the 4 Social Insurances mandatory?

A. Yes, all workplaces with 1 or more employees must enroll. However, part-time workers working less than 60 hours per month may be exempt from some insurances.

Q. When are premiums paid?

A. Premiums are automatically deducted from the employee's monthly salary, and employers must pay by the 10th of the following month.

Q. Can freelancers enroll in the 4 Social Insurances?

A. Freelancers are generally not required to enroll, but can voluntarily join National Pension and Health Insurance as regional subscribers. Employment Insurance is available through voluntary self-employed enrollment.

Q. Do insurance rates change every year?

A. Yes, Health Insurance and Long-term Care rates may be adjusted annually, and National Pension income limits also change yearly. It is important to verify the latest rates.

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Disclaimer

This calculator is provided for reference purposes only. Actual insurance premiums may vary depending on rate changes announced by the National Health Insurance Service and National Pension Service. For accurate premium amounts, please contact the relevant institutions directly.

Understanding South Korea's 4 Social Insurance System

South Korea's 4 Social Insurances collectively refer to National Pension, Health Insurance, Employment Insurance, and Industrial Accident Insurance — the country's social insurance system. Starting with Medical Insurance (now Health Insurance) in 1977, followed by National Pension in 1988, Employment Insurance in 1995, and nationwide Industrial Accident Insurance in 2000, today's comprehensive system was established. The 4 Social Insurances serve as a social safety net where economic risks are shared across society, with employees and employers jointly contributing premiums to prepare for risks such as retirement, illness, unemployment, and workplace injuries.

Premium Sharing Between Employees and Employers

The 4 Social Insurance premiums are shared between employees and employers. As of 2026, National Pension totals 9.5%, split equally at 4.75% each. Health Insurance totals 7.19%, with each party paying 3.595%. Long-term Care Insurance is 13.14% of the Health Insurance premium, shared equally. Employment Insurance is 0.9% for employees, while employers pay 1.15–1.65% depending on industry. Industrial Accident Insurance is 100% employer-paid, with rates varying by industry. Because of the employer's additional share, actual employment costs are approximately 10–15% higher than the employee's gross salary.

2026 Rate Changes and Tax-Saving Strategies

Starting in 2026, the National Pension rate increased from 9% to 9.5%, Health Insurance from 7.09% to 7.19%, and Long-term Care Insurance from 12.95% to 13.14%. These rate increases result in approximately 60,000–80,000 KRW in additional annual costs for a worker earning 3 million KRW per month. For tax savings, the full National Pension premium and Health Insurance premiums are tax-deductible, providing benefits during year-end tax settlement. Additionally, low-income workers can receive up to 80% subsidy on National Pension and Employment Insurance premiums through the Durunuri Social Insurance Support Program — check if you qualify.

This calculator is provided for informational purposes only.

Results are estimates and may differ from actual amounts.

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