Increase in maximum contribution ceiling of National Pension, effective July 1, 2026
7/24/2026
The maximum National Pension contribution has increased from Won 302,570 to Won 313,020 per month for both employers and employees, effective July 1, 2026.
This change only affects employees whose monthly gross salary exceeds the
maximum earnings threshold of Won 6,590,000.
- National Pension (NP):
|
Before |
On and after July 1, 2026 |
||
|
Average monthly salary max ceiling * 4.75% |
Monthly max contribution |
Average monthly salary max ceiling * 4.75% |
Monthly max contribution |
|
Won 6,370,000 * 4.75% |
Won 302,570 max |
Won 6,590,000 * 4.75% |
Won 313,020 max |