Korea 2027 Rates for the 4 Social Insurances: Pension 10%, Health Insurance 7.19% Frozen, Deductions on a ₩3 Million Wage
At a glance
- National Pension (2027)
- 10.0% — worker 5.0%
- National Health Insurance (2027)
- Frozen at 7.19% — worker 3.595%
- Long-term care (2026 rate)
- 13.14% of the health insurance premium, 0.9448% of income
- Employment insurance unemployment benefit
- 1.8% — worker 0.9% (reform plan 2.0%)
- Industrial accident compensation insurance
- Worker's share 0% — paid entirely by the employer
- Deduction on a ₩3 million wage
- ₩291,521 in 2026 → ₩299,021 in 2027
- National Pension increase
- ₩7,500 per month (4.75% → 5.0%)
- Undecided
- Long-term care 2027 rate, employment insurance reform regulations, industrial accident notices by industry
For 2027, the National Pension premium rate is 10.0% and the National Health Insurance premium rate is frozen at 7.19%. The worker's share is 5.0% for the National Pension, 3.595% for health insurance and 0.9% for employment insurance, while industrial accident compensation insurance is paid entirely by the employer. On a monthly wage of ₩3 million, ₩299,021 goes out as the 4 social insurances — ₩7,500 more than in 2026, all of it from the National Pension. The long-term care insurance rate and the employment insurance reform plan are not decided yet. This article lays out the rate table and the deduction calculations.
Korea 2027 rates for the 4 social insurances - National Pension 10%, Health Insurance 7.19%
Two of the 2027 4 social insurance rates are set and one remains. The National Pension rises to 10% by law, and National Health Insurance is frozen at 7.19%. The long-term care insurance rate has not been decided yet.
The rates in the table are the total rates before the worker and the employer split them. The National Pension, National Health Insurance and the unemployment-benefit part of employment insurance are split in half, and industrial accident compensation insurance is paid entirely by the employer.
| Insurance | 2026 | 2027 | Worker's share (2027) |
|---|---|---|---|
| National Pension | 9.5% | 10.0% | 5.0% |
| National Health Insurance | 7.19% | 7.19% (frozen) | 3.595% |
| Long-term care | 13.14% of the health insurance premium | Not decided yet | Half of the health insurance premium multiplied by the rate |
| Employment insurance (unemployment benefit) | 1.8% | 1.8% — the reform plan is 2.0% | 0.9% (1.0% under the reform plan) |
| Industrial accident compensation insurance | By industry | By industry | 0% — paid entirely by the employer |
2027 health insurance rate 7.19% frozen — worker's share 3.595%
On 8 September 2026, the Ministry of Health and Welfare resolved at the 15th meeting of the Health Insurance Policy Deliberation Committee (건강보험정책심의위원회) to keep the 2027 National Health Insurance premium rate at 7.19%, the same as this year.
Employee subscribers pay half of this rate: 3.595% of remuneration. On a monthly wage of ₩3 million, ₩107,850 goes out as the health insurance premium, and the company pays the same amount. Because the rate is unchanged, if wages have not gone up, the health insurance premium paid in 2027 is the same as in 2026.
Long-term care insurance premium — 13.14% of the health insurance premium, 2027 rate still pending
The long-term care insurance premium is not deducted separately; it is paid together with the health insurance premium by multiplying a rate. The 2026 rate is 13.14% of the health insurance premium, which works out to 0.9448% of income.
For an office worker on a monthly wage of ₩3 million, ₩14,171 — ₩107,850 multiplied by 13.14% — is additionally deducted as the long-term care insurance premium. The Ministry of Health and Welfare projected the average monthly premium per subscriber household in 2026 at ₩18,362.
The 2027 rate has not been decided yet. This rate is set not by the Health Insurance Policy Deliberation Committee but by the Long-Term Care Committee (장기요양위원회), and the 2026 rate was decided at the meeting on 4 November 2025.
National Pension premium rate 10% — rises to 13% by 2033
The National Pension premium rate rose from 9% to 9.5% on 1 January 2026. It was the first change since 1998, and it does not stop there. It rises by 0.5 percentage points each year to reach 13% in 2033. So the 2027 rate is 10.0%.
Employees pay half, 5.0%. With a standard monthly income (기준소득월액) of ₩3 million, that is ₩150,000. In 2026 it was 4.75%, or ₩142,500, so the monthly increase is ₩7,500. The other half is paid by the company.
Employment insurance 0.9% and industrial accident insurance — 1.0% if the reform plan passes
The employment insurance premium is divided into two parts. The unemployment-benefit premium rate (실업급여 보험료율), split evenly between the worker and the employer, is 1.8%, and the worker's share is 0.9%. On a monthly wage of ₩3 million, that is ₩27,000.
The other part, the premium for the employment security and vocational skills development programme (고용안정·직업능력개발사업), is paid only by the employer. Depending on workplace size: fewer than 150 regular employees is 0.25%, 150 or more and a priority support enterprise (우선지원대상기업) is 0.45%, 150 or more but fewer than 1,000 is 0.65%, and 1,000 or more, together with works run directly by the state or local governments, is 0.85%.
The government has put forward a reform plan (개편안) to raise the unemployment-benefit premium rate to 2.0% from 2027. Under the plan, labour and management each pay an additional 0.1 percentage points, so if it takes effect the worker's share becomes 1.0%, or ₩30,000 on a monthly wage of ₩3 million. This requires changes to subordinate regulations.
The industrial accident compensation insurance (산재보험) premium is paid entirely by the employer. If industrial accident insurance appears in the deductions column of an employee's payslip (급여명세서), it is wrong.
Monthly wage ₩3 million: how much goes out for the 4 social insurances
Calculated for an employee subscriber with a gross monthly wage of ₩3 million, it works out as below. The long-term care insurance premium is calculated with the 2026 rate because the 2027 rate has not come out.
Compared with 2026, ₩7,500 more goes out for the National Pension. If the employment insurance reform plan takes effect, another ₩3,000 is added, making ₩302,021. Income tax and local income tax are deducted separately on top.
| Item | 2026 | 2027 |
|---|---|---|
| National Pension | ₩142,500 | ₩150,000 |
| National Health Insurance | ₩107,850 | ₩107,850 |
| Long-term care | ₩14,171 | ₩14,171 (calculated with the 2026 rate) |
| Employment insurance | ₩27,000 | ₩27,000 (₩30,000 if the reform plan takes effect) |
| Industrial accident compensation insurance | ₩0 | ₩0 |
| Total | ₩291,521 | ₩299,021 |
Korea's 4 social insurances in 2027: what is still undecided
As of 12 September 2026, three things remain.
First, the long-term care insurance rate. It is set by the Long-Term Care Committee, and the 2026 rate was decided in November 2025. Second, the 2.0% unemployment-benefit premium rate for employment insurance is a government reform plan and requires changes to subordinate regulations. Third, industrial accident compensation insurance rates are notified separately by industry.
What is set is the National Pension at 10.0% and National Health Insurance at 7.19%. The National Pension is already a schedule written into law, and health insurance was confirmed by the Health Insurance Policy Deliberation Committee's resolution on 8 September. When the rest is decided, the tables in this article will be updated.
FAQ
What are the 2027 rates for Korea's 4 social insurances?
The National Pension is set at 10.0% and National Health Insurance at 7.19%. The National Pension rose 0.5 percentage points from 9.5% in 2026, and health insurance is frozen at the 2026 level. The employment insurance unemployment-benefit premium rate is 1.8%, and the government has put forward a reform plan to raise it to 2.0%. The long-term care insurance rate has not been decided yet.
Will health insurance premiums rise in 2027?
The premium rate does not rise. On 8 September 2026 the Ministry of Health and Welfare froze the 2027 National Health Insurance premium rate at 7.19% at the Health Insurance Policy Deliberation Committee. The worker's share is 3.595% of remuneration. However, if wages rise, the amount paid increases even at the same rate.
Until when does the National Pension premium rate keep rising?
After rising to 9.5% in 2026, it goes up 0.5 percentage points each year to reach 13% in 2033. In 2027 it is 10.0%, and employees pay half, 5.0%. With a standard monthly income of ₩3 million, that is ₩150,000 per month.
How much comes out of a ₩3 million monthly wage for the 4 social insurances?
On 2027 figures, ₩150,000 for the National Pension, ₩107,850 for health insurance, ₩14,171 for long-term care and ₩27,000 for employment insurance add up to ₩299,021. The long-term care figure is calculated with the 2026 rate, and workers pay nothing for industrial accident compensation insurance. Income tax and local income tax are deducted separately.
How is the long-term care insurance premium calculated?
It is paid together with the health insurance premium by multiplying a rate. The 2026 rate is 13.14% of the health insurance premium. If you pay ₩107,850 in health insurance premiums, the long-term care insurance premium is ₩14,171. The 2027 rate is set by the Long-Term Care Committee and has not been decided yet.
Is the industrial accident insurance premium also deducted from wages?
No. The industrial accident compensation insurance premium is paid entirely by the employer. If it appears in the deductions column of a payslip, it has been wrongly deducted.