Today, I would like to find out the benefits for those over 65 years of age. We will find out what benefits can be obtained only by ‘age’, excluding other additional conditions.
Below is a list of benefits for those over 65.
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65+ Benefits
index
65+ Benefits
Welfare benefits for people over 65 좋은뉴스
Implant Benefits for Ages 65+
How to look up your 65+ benefits
65+ Benefits
The government designates the age of retirement in Korea as 65 years of age or older, and accordingly, various benefits such as money or free use of services are provided to those aged 65 years or older. Some of these benefits are provided automatically, but most require application to receive them. Therefore, it is important to know exactly what your benefits are.
senior benefits
In particular, Korea has the highest poverty rate among those over the age of 65 among major OECD countries, so economic support is more urgent after retirement.
Below is a list of benefits for those over 65.
Welfare benefits for people over 65
1. Basic pension for the elderly
If you are over 65 and your recognized income is below a certain level, you are eligible for the basic pension for the elderly and can receive up to 300,000 won per month. You can apply by visiting the local community center or the nearest branch of the National Pension Service, and you can receive counseling through the Ministry of Health and Welfare’s call center 129.
2. Free flu vaccination and shingles vaccination discount
First of all, there is a free vaccine as a government benefit supported by people over the age of 65. Free flu (influenza) and pneumonia vaccinations are provided every year, and in the case of shingles vaccination, general health insurers can receive KRW 50,000, basic livelihood security recipients KRW 128,000, and those in the lower income class can receive KRW 80,000. This may vary by local self-organization, so it is recommended to visit the public health center after checking.
Also, as you get older, your teeth become loose and easy to fall out. Dentures are supported up to once every 7 years, and 2 implants per person can receive a discount of up to 70%. If you are below 40% of the standard median income (recipient of medical benefits) or have not received duplicate benefits for 7 years, you can receive support for partial or complete dentures. Knee joint surgery expenses are also included in the subsidy for the next-income class, recipients of basic livelihood security, and single-parent families.
3. Transportation cost support
In Korea, people over the age of 65 can use the metro, subway, and subway in the metropolitan area free of charge. In order to receive the free subway benefits, you must have a ‘senior transportation card’ issued. You can choose from three types of credit, check, and a simple free card for subway free use. In the case of a simple free card, you can apply for it at the community center. In case of issuance by credit/debit card, you can apply for it by visiting a Shinhan Bank branch office.
Please note that credit/debit cards can be used as soon as they are issued, and simple free cards can be used from about 3 days later. If you transfer it to someone other than yourself, you should be aware that 30 times the usage amount is collected. Other railway-related trains are available at an average discount of 30%.
4. Communication cost support
This is a discount benefit for basic pension recipients. If you are currently receiving a basic pension and are paying more than KRW 22,000 per month for communication expenses, you can receive support for communication expenses up to KRW 11,000. If you are using less than 22,000 won, 50% of the communication fee is supported. Call 114 to check if you are eligible for support and then apply.
5. Long-term care insurance for the elderly
This is a benefit that seniors who have difficulties in daily life due to geriatric diseases or old age can receive it. You can apply at the National Health Insurance Corporation, and you can receive government subsidy when using a long-term care facility.
6. Energy Vouchers
If you are receiving livelihood and medical benefits, you can receive a discount on your electricity bill during the summer (July-September) when energy consumption is high. In winter, you will be given an electronic voucher to purchase electricity, city gas and district heating.
Implants over 65
7. Elderly employment business
If you are over the age of 65 and wish to find a job for the elderly, you can get a job through ‘Job for the Elderly’. The government is introducing various policies to increase opportunities for the elderly to generate income and participate in society by providing jobs tailored to the characteristics of the elderly.
Employment in the public sector, such as child safety protection and elementary school lunch helper support, as well as employment in the private sector, such as silver cafes and service areas, are available. You can check job postings for the elderly by visiting the district office or community center in your jurisdiction.
8. Preferential deduction for the elderly
If you live with an elderly person aged 65 or older, your children can receive an income deduction of up to KRW 1 million per person per year at the time of year-end tax settlement. In addition, if you are supporting your parents over the age of 70, you can receive an income deduction of 1.5 million won per person.
9. Livelihood savings and resident tax benefits
Tax exemption is applied to dividend income or interest income for livelihood savings of less than 30 million won per year, and resident tax exemption is provided.
10. Health checkup service
If you are over 65 years of age, you can receive free health checkups throughout your life cycle. In addition to basic checkups, additional checkups such as bone density and health checkups for the elderly are exempted from payment.
11. 5,000 won discount at movie theaters
If you are 65 or older, you can receive a 5,000 won discount when entering the cinema. In addition, free admission to national and public museums, parks, and art galleries is available, and you can receive benefits by presenting your ID upon entry.
12. Emergency relief service for the elderly living alone
This is a service for seniors aged 65 and older who live alone. In case of an emergency, an alarm button is installed in the house to receive support from security personnel. [Sisa Cast]
13. Basic Pension
Senior Citizens 65 and Over The first benefit is the basic pension benefit. The 2020 basic pension is applicable to those who exclude the top 30% of the income recognition selection criteria and are in the bottom 70% or less of income. Single-family households can receive up to KRW 254,700 per month, and couple households can receive basic pension within the range of up to KRW 480,000.
2022 basic pension eligibility inquiry
Below, we will look at the benefits of implants for those over 65.
Implant Benefits for Ages 65+
Eligibility: Health insurance holders or dependents aged 65 or older
Salary coverage: : 2 lifetime per person
Co-payment rate: 30% of the total cost of medical care benefits (10% for patients with rare intractable diseases, 20% for patients with chronic diseases, etc. Recipients of medical benefits: 10% for type 1, 20% for type 2)
Dental Benefits for Ages 65+
Currently, up to two implants per person over the age of 65 are covered by health insurance, and you can receive implant treatment by paying only 30% of the cost. Those receiving health insurance benefits were limited to partially edentulous patients who had no teeth in the upper or lower jaw, but completely edentulous patients without any permanent teeth had been excluded from receiving implant benefits. However, recently, even in a ‘completely edentulous’ state without any children, the elderly implant health insurance will be applied.
※ If the procedure is unavoidably discontinued under the medical judgment of the dentist, it is not included in the lifetime accreditation count. Coverage applied to all tooth implanted areas regardless of upper and lower jaw
How to look up your 65+ benefits
In addition, it is recommended to use ‘subsidy 24’ operated by the government to find out about new subsidies or welfare benefits. Since benefits vary depending on your income and property situation, please use the website below to find the subsidy that suits you.
Go to Subsidy 24
Over 65 Benefits Subsidies24
If you access the Government 24 website, click the Find Benefits button, and select your age, all subsidies and benefits suitable for you will appear. Click on the benefit you want to find out details and conditions.
senior benefits
The average price of free shingles vaccination is between 90,000 and 150,000 won.
Summary of denture price cost (complete, partial, implant)
Scaling cost, price (+ health insurance application confirmation)
Summary of benefits for those aged 65 and older (elderly benefits, dental benefits)
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Today, we looked at benefits for people over the age of 65. There are more benefits than you think. In addition to the above benefits, there are more than 100 additional benefits, so please try to find them yourself. In particular, since there are many subsidies and support projects implemented by local governments, it is recommended that you visit a nearby dong office. thank you