Expense reimbursement-type pay such as meal allowances. As of 2026, up to KRW 200,000 per month is excluded from income tax and insurance premium calculations.
Yes. National pension contributions are capped at a monthly income of approximately KRW 5.9 million (2026 estimate). Higher earners pay the same maximum amount.
Each dependent gives you a KRW 1.5 million annual personal deduction, which reduces your income tax and increases take-home pay.