The National Pension is a public pension system directly operated by the government. It is based on the insurance premiums paid by each citizen while performing income-earning activities. It refers to a system that allows people to maintain their basic livelihood by providing pensions to their families or survivors.
However, the National Pension is not an option, but it is compulsory to sign up for a business where the four major insurances apply. However, a significant number of people have a negative view of the national pension. 국민연금 해지
In particular, the high-income class considers it a loss to join the national pension because they can earn much higher returns than the national pension with their investment knowledge on stocks and real estate. Also, in fact, the national pension invests most of its assets in government bonds, and if that is the case, it is argued that buying government bonds directly is better than the national pension, which may or may not receive interest. 좋은뉴스
No one knows if they will be able to live past the age of 65, but rather than taking such a risk and joining the national pension, they prefer dividends from stock investment or monthly rental income from real estate. Workers have to pay 9% of their monthly income to the national pension, and the higher the salary, the more burdensome the monthly payment of the national pension is.
depletion of national pension
In addition, the current national pension is set at about 650 trillion won, and it is said that it is rapidly increasing when considering the current price situation and the number of subscribers. Therefore, the possibility of pension depletion is constantly being raised. It is said that the national pension is acknowledging the deficit after depletion.
As a result, an increasing number of citizens are interested in the law to cancel the national pension. In conclusion, it is absolutely impossible to cancel the national pension. However, there are three very exceptional ways to cancel. Let’s go into more detail.
1. If a person who has been enrolled for less than 10 years has reached the age of 60
The National Pension is paid until the age of 60, and you can receive the pension from the age of 65 when you have completed the minimum payment period of 10 years. However, if you do not complete the minimum payment period of 10 years by age 60, you will receive a lump sum payment in the year you turn 60. This is the amount including interest on the principal, and the average interest rate set by the Banking Act on January 1 of each month is applied.
2. If the deceased does not fall under survivors’ pension
Survivors’ Pension is a pension provided to guarantee the livelihood of survivors when a subscriber or former subscriber dies, or a beneficiary of an old-age pension or a disability pension with a disability level 2 or higher dies.
If a subscriber to the national pension dies, but is not eligible for the survivors’ pension, the national pension is immediately terminated, and the heir receives the amount as a lump sum. As in the case above, interest is applied as of January 1st.
3. If you have lost your Korean nationality or moved abroad
If a member of the National Pension Plan emigrates to a foreign country, he or she can receive a lump-sum refund of the pension insurance premiums paid so far. If you apply for a lump-sum refund to the nearest branch after submitting a report on emigration, you will receive the lump-sum payment + interest.
The beneficiary must apply for the lump-sum refund claim, but if the beneficiary is already staying abroad, the claim can be made by mail or by visiting a representative branch office.
Therefore, if you are under the age of 60 or if you have been enrolled in the national pension for more than 10 years, you cannot cancel. I think we should hope that the national pension will be maintained steadily without being exhausted. If you have any other questions, feel free to leave them in the comments! thank you