Public Servant Pension Calculator

Estimate public servant pension value after benefit assumptions, tax drag, policy haircut, and longevity stress.

Public servant pension calculator

Estimate Korean Government Employees Pension or Teachers Pension benefit from appointment date, retirement date, income, annual raise, service years, allowance, and early pension options.

Service years

29.9 years

Pension start age

65

Monthly pension

₩2,625,292

Retirement allowance

₩76,975,094

Survivor pension

₩1,575,175

Return ratio

3.16x

Calls calculatePublicServantPension with Korean GEPS and Teachers Pension rules, service-year payment rates, appointment-year reform effects, retirement allowance, early-pension reduction, and survivor pension estimate. This English finance calculator calls the same Korean pure calculation module as the Korean page. KRW amounts, Korean thresholds, insurance rules, tax logic, and scenario assumptions are preserved instead of the old generic percentage stub.

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Public servant pension guide

This English guide translates the Korean public servant pension calculator. The calculator calls calculatePublicServantPension for GEPS and Teachers Pension assumptions.

Service period and payment rates

The model uses appointment year and month, retirement year and month, current age, current standard monthly income, and annual raise rate to estimate service years and pensionable income.

Yearly payment details reflect the Korean public pension reform history and service-year payment rates. The result also flags whether the user is a new appointee under the post-2016 rule context.

Benefit types

The calculator compares retirement pension, lump-sum benefit, mixed pension-and-lump-sum benefit, and short-term benefit when service is under 10 years.

It also estimates retirement allowance, survivor pension monthly amount, total contribution, return ratio, pension start age, and waiting years between retirement and pension start.

Early pension options

Early pension options show reduction rate, early start age, monthly amount, break-even age, and cumulative comparison by age. This matters for a retiree deciding whether earlier cash flow is worth a permanent cut.

The output is a planning estimate. Actual public pension confirmation should be checked with the relevant Korean pension authority before retirement decisions.

Retiring because of disability?

Compare the retirement pension with the non-duty disability benefit and confirm lump-sum coordination before choosing.
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