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National Pension BV change

Maximum and Minimum Base value, each employee’s Base values are changed.

Effective from July 1, 2024

Changed BV are effective from July payroll report.

Rate : 4.5% each for Employee and Employer

Maximum BV : 6,170,000

Minimum BV : 390,000

Please feel free to contact us if you have any questions.

Best regards,

i-Admin Korea Inc.

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