National pension 9.5% (4.75% each), base capped at ₩6.59M. Some foreign nationals are exempt depending on their country's agreement with Korea.
Health insurance 7.19% (3.595% each) plus long-term care 0.9448% of pay.
Employment insurance 0.9% for employees; some visa types (e.g. E-9, F-4) have different rules.
Industrial accident insurance is paid by the employer only.
FAQ
How much are social insurance deductions on ₩3M salary in Korea?
About ₩291,520 a month for the employee in 2026: pension ₩142,500, health ₩107,850, long-term care ₩14,170 and employment ₩27,000.
Worked example
Example: on ₩3,000,000 monthly pay (excluding non-taxable allowances) the employee pays National Pension ₩142,500, Health Insurance ₩107,850, Long-term Care ₩14,170 and Employment Insurance ₩27,000 — ₩291,520 in total (9.72%). With the calculator's default assumptions (under 150 employees, average industrial accident rate of about 1.47%), the employer pays ₩343,120; the employer share varies with company size and industry.
Common mistakes
Non-taxable allowances such as meal allowance (up to ₩200,000 a month) are excluded from the base.
National Pension stops increasing above the monthly income cap.
Health insurance is settled each April against your actual pay for the previous year.
Some foreign nationals are exempt from National Pension depending on their country and visa.
Rates change each January (and the pension income cap each July), so check the date on this page.
Employment Insurance for the employee is 0.9% of pay; the employer pays more.