The number of people eligible to receive the National Pension is increasing, but the total number of subscribers is actually decreasing. The steadily growing number of workplace subscribers has also turned to a decline, leading to a greater overall decrease in subscribers.
According to the official statistics published by the National Pension Service on the 9th, the total number of National Pension subscribers as of the end of October last year was 21,812,216. Compared to the end of 2023 (22,384,787), it has decreased by over 570,000. If this trend continues, it appears inevitable that the decline in National Pension subscribers will continue for the second consecutive year in 2023. In 2023, the number decreased by approximately 113,000, and the decline is expected to become even larger.
The number of National Pension subscribers has experienced several declines in the past. During the COVID-19 period in 2020, it decreased by about 110,000 compared to the previous year. However, prior to that, the decrease in subscribers was temporary or limited in scale, but starting from 2023, the decline due to low birth rates is becoming more pronounced.
The number of workplace subscribers, which had been steadily increasing, has turned to a decline. Employers and employees at workplaces with at least one worker are classified as 'workplace subscribers.' Although the eligibility criteria changed from at least five salaried workers to at least one, resulting in a decrease in regional subscribers, the number of workplace subscribers continued to increase. Even during the period in 2020 when total subscribers temporarily decreased, the number of workplace subscribers continued to grow.
However, as of the end of October last year, the number of workplace subscribers was 14,726,094, which decreased by approximately 86,000 from 14,812,062 at the end of 2023.
Meanwhile, the number of people receiving pensions is increasing rapidly. As of October last year, the number of National Pension beneficiaries was 7,235,901 (including lump-sum recipients), an increase of 413,723 from the end of 2023 (6,822,178).
The government estimates that if the current system is maintained, the daily accumulated national pension debt will be 88.5 billion won, reaching 32 trillion won in a year. It is also projected that the pension fund will turn to deficit in 2041 and run out of resources by 2056.
---------------------------------
Wow~~
Just paying taxes makes me feel old and powerless!!
Autumn sky[0]
Pohang[8]
Completed 10,000 steps on November 12th[4]
Completed Mancheonbo on November 10th[3]
autumn[3]
Could it be a hidden acorn?? Haha[3]
Two great options for breakfast![2]
The real joy of the weekend is delivery, isn't it?[8]
Completed 16,000 steps on October 29[8]
Building abs[7]
Did you have a good holiday?[8]
Lower body strength training[6]
