Retirement Age Men in South Korea remained unchanged at 60 Years in 2024 from 60 Years in 2023. Retirement Age Men in South Korea averaged 57.50 Years from 2009 until 2024, reaching an all time high of 60.00 Years in 2017 and a record low of 55.00 Years in 2010. source: Korean Worker's Compensation & Welfare Service

Retirement Age Men in South Korea is expected to reach 60.00 Years by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Retirement Age - Men is projected to trend around 60.00 Years in 2026, according to our econometric models.




Related Last Previous Unit Reference
Employed Persons 28041.00 28821.00 Thousand Dec 2024
Employment Change 0.60 0.40 Percent Dec 2024
Employment Rate 61.40 63.20 percent Dec 2024
Labor Force Participation Rate 63.90 64.60 percent Dec 2024
Minimum Wages 9860.00 9620.00 KRW/Hour Dec 2024
Population 51.71 51.67 Million Dec 2023
Productivity 107.40 109.70 points Sep 2024
Retirement Age Men 60.00 60.00 Years Dec 2024
Retirement Age Women 60.00 60.00 Years Dec 2024
Unemployed Persons 1115.00 656.00 Thousand Dec 2024
Unemployment Rate 3.70 2.70 percent Dec 2024
Wages 4517147.00 4176459.00 KRW/Month Sep 2024
Wages in Manufacturing 5076250.00 4608854.00 KRW/Month Sep 2024
Youth Unemployment Rate 5.90 5.50 percent Dec 2024

South Korea Retirement Age - Men
Actual Previous Highest Lowest Dates Unit Frequency
60.00 60.00 60.00 55.00 2009 - 2024 Years Yearly