How Much Farmer Pension Subsidy Can You Get?
Korea's Farmer Pension Premium Subsidy helps working farmers enrolled in the National Pension build a stable retirement income by covering part of their monthly premium through national and local government funds. Anyone aged 18 to under 60 who is registered as a farm business operator and has been actively farming for at least 6 months can apply through the National Pension Service or their local agricultural cooperative (NongHyup).
The subsidy covers 50% of your premium, up to a cap of 45,000 KRW per month — above that threshold, a flat subsidy applies instead. Enter your monthly premium and years of farming career to see your estimated monthly subsidy, annual total, and the premium you actually pay out of pocket after the subsidy. Actual eligibility and amounts can vary by income level and local government budget, so treat this as a reference estimate.
Frequently Asked Questions
It's a Korean government program that subsidizes part of a working farmer's National Pension premium to encourage retirement savings.
The government covers 50% of your premium, capped at 45,000 KRW per month. Above that, a flat amount applies.
You need at least 6 months of active farming and registration as a farm business operator to apply.