Goyang City Raises 2026 Basic Pension Eligibility Criteria: 2.47 Million Won Per Month for Single Households

Raised by 8.3% Compared to Last Year
Monthly Basic Pension Set at 349,700 Won

Goyang Special City in Gyeonggi Province (Mayor Lee Donghwan) announced on January 28 that the "2026 Basic Pension Eligibility Criteria" have been set at 2,470,000 won per month for single-person households and 3,952,000 won per month for couple households, in order to strengthen income security for seniors.

A view of Goyang Special City Hall. Provided by Goyang Special City.

The basic pension eligibility threshold is set so that about 70% of people aged 65 and older can qualify as recipients. This year, the threshold has been raised by 190,000 won (an increase of 8.3% for single-person households) compared to last year, reflecting the overall rise in income and asset levels among senior households.

With this increase in the eligibility threshold, seniors who were previously excluded from receiving the pension due to exceeding the recognized income limit last year are now expected to become newly eligible this year.

In addition, the monthly basic pension payment (standard pension amount) has been adjusted to 349,700 won per month, an increase of 7,190 won compared to last year, reflecting the inflation rate of 2.1%.

An official from Goyang Special City stated, "As the eligibility threshold for the basic pension has been significantly raised, we will actively promote and provide guidance to ensure that all eligible seniors receive their benefits."

Applications for the basic pension can be submitted at the local administrative welfare center for the applicant's registered address or at any branch of the National Pension Service nationwide. For those with mobility difficulties or who are unable to visit in person, online applications are also accepted at all times through the Bokjiro platform.

This content was produced with the assistance of AI translation services.