First public-interest application
Start with KRW 290,000 and eleven average months, then replace the term from the local notice. Even after confirming the public-job exclusion, include extra transport and meal costs to compare net cash.
Korea Senior Job Pay & Basic Pension Impact Calculator
Plan cash flow from a South Korean senior-job notice and prepare a Basic Pension reassessment check under current 2026 rules. The dedicated bilingual calculator loads official starting terms for public-interest and capacity-utilization work, then lets users replace participation months, base pay, weekly-rest or other cash allowances, monthly hours and direct transport or meal costs with their actual notice or contract. It compares excluded public-job income, marginal regular earned income after the KRW 1,160,000 deduction and thirty-percent additional deduction, full other-income treatment, and an unconfirmed zero-to-full range against the KRW 2,470,000 single-household or KRW 3,952,000 couple-household threshold. Results include monthly and participation-period net job cash, effective hourly net pay, recognized-income change, threshold margin, a limited pension-reduction planning range and questions for the provider and local welfare office without deciding program selection or final pension entitlement.
Current 2026 rules · your notice controls
The KRW 290,000 public-interest preset and the KRW 634,200 base plus KRW 126,840 weekly-rest allowance preset come from the official 2026 guide. Replace them whenever your local notice, contract or payslip differs.
Enter notice and contract terms
Choose a program, then replace the months, pay, hours and direct costs with figures from your own documents.
1. Program and participation terms
months
hours
2. Monthly pay and direct costs
KRW
KRW
KRW
Enter only extra transport, meals or other costs not already covered by the activity payment.
3. Basic Pension review inputs
KRW
Use the household figure on the latest decision notice or confirmed by the local welfare office.
KRW
Enter only existing regular earned income for the person taking the new job.
KRW
Use the pre-tax monthly amount the local office says it will count. Edit it if it differs from total pay.
Official senior-job participation pay is generally excluded public-job income, but employment-insurance records can require a separate classification check.
KRW
Enter the monthly amount actually received by the household. This tool does not reconstruct NPS linkage or couple reductions.
Estimated monthly household cash increase
A planning range after subtracting the possible additional Basic Pension reduction from net job cash.
KRW 290,000
Monthly gross payment
KRW 290,000
Monthly net job cash
KRW 290,000
Net cash for participation period
KRW 3,190,000
Effective hourly net
KRW 9,667
Participation-period cash flow
Total gross paymentKRW 3,190,000
Total out-of-pocket costKRW 0
Total net job cashKRW 3,190,000
Basic Pension review signal
Low direct impact if the exclusion is confirmed
The entered job pay adds KRW 0 to recognized income under the confirmed public-job exclusion. Ask whether insurance records could classify it differently.
Current recognized incomeKRW 1,800,000
Recognized-income increase from jobKRW 0
Projected recognized incomeKRW 1,800,000
2026 selection thresholdKRW 2,470,000
Margin to selection thresholdKRW 670,000
Possible additional reductionKRW 0
Planning range after reviewKRW 349,700
Monthly household cash increaseKRW 290,000
Questions for the provider and local welfare office
- Is this notice registered as excluded public-job income from an official senior-job program?
- If employment-insurance records show regular wages, which office confirms the program classification?
- How much of base pay, weekly-rest pay, annual-leave pay and team-lead allowance is assessable?
- From which month will the income change apply, and is a change report or evidence required?
- What is the final household payment after spouse income and any couple reduction are included?
Official rules checked 2026-08-26. This is not an eligibility, reduction or recovery decision. Take the notice, contract and pension decision to the provider and local welfare office or NPS.
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