Four Major Social Insurance Schemes
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The four major insurances are employment insurance, industrial accident compensation insurance, national pension, and national health insurance.
Contribution Rates
| Employment Insurance | Industrial Accident Compensation Insurance | National Pension | National Health Insurance | |
|---|---|---|---|---|
| Employee | 0.8% of the total pay | N/A | 4.5% of the standard monthly income amount | 3.335% of the standard monthly wage amount |
| Employer | 0.8% of the total pay | Varies depending on the type of business | 4.5% of the standard monthly income amount | 3.335% of the standard monthly wage amount |
※ The long-term health care insurance premium is 10.25 percent of the health insurance premium, which is collected with national health insurance. In the case of the vocational training program for employment stabilization, an employer pays 0.25 to 0.85 percent of the total pay, depending on the number of employees.