Please be informed of the Korea Statutory Update for the National Pension capping effective from July 1st 2020.
National Pension capping will be updated as :
From 1 July 2020 to 30 June 2021
Lowest BV capping – KRW 320,000.00
Highest BV capping – KRW 5,030,000
Please feel free to contact us if you have any questions.