National Pension Premium Subsidy (Durunuri): Who Qualifies and What You Get
Freelancers can receive a significant subsidy on pension and employment insurance premiums through this South Korean support scheme.
This scheme provides financial support to help low-income freelancers cover the costs of their social insurance.
Who it's for
This subsidy is designed for freelancers who meet specific income criteria set by the government. It is intended to assist those working in the gig economy who may find it difficult to manage full insurance premiums on their own.
What you get
If you qualify, you can receive a subsidy of up to 80% on your pension and employment insurance premiums. This significantly lowers the monthly cost of maintaining your social safety net.
What it costs you
There is no direct fee to apply for this support. You will need to submit an application through the official portal and provide documentation that proves your current income level.
The catch to know
Eligibility is not permanent. The income thresholds used to determine who qualifies are updated every year, so you should check your eligibility every January to ensure you are still covered.
How to apply
- Gather your official proof of income documents.
- Visit the official insurance support website.
- Complete the online application process.
- Monitor your status through the portal.