Korea Housing Finance Corporation Housing Pension Subscribers Top 150,000

Korea Housing Finance Corporation announced on the 4th that the cumulative number of subscribers to the housing pension has exceeded 150,000.

The housing pension is a scheme under which Korean citizens aged 55 or older who own a home with an officially assessed value of 1.2 billion won or less provide the home as collateral and receive a lifelong pension. Since its launch in July 2007, it has established itself as a representative post-retirement safety net that supplements income after retirement.

The 150,000th subscriber is an elderly citizen, Yoo Sang-geum, who lives in an apartment in Gwangju Metropolitan City. Explaining the reason for signing up, the subscriber said, "I can live in my own home for the rest of my life and receive a monthly pension, so I can look forward to a stable old age."

President Kim Kyunghwan said, "Reaching a cumulative total of 150,000 subscribers is an achievement built on the trust of the people," adding, "We will continue to improve the system and customer service so that it can serve as a reliable old-age safety net for the elderly."

Meanwhile, since 2016 the housing pension has recorded more than 10,000 new subscribers every year. The cumulative number of subscribers exceeded 50,000 on January 2018, passed 100,000 in July 2022, and then surpassed 150,000 in December 2025. As of December 2025, the average age of subscribers was 72.4, the average price of eligible homes was 396 million won, and the average monthly pension benefit was about 1.27 million won.

This content was produced with the assistance of AI translation services.