How much can I contribute to pension accounts each year?

The annual contribution limit for pension accounts, combining pension savings accounts and retirement pension accounts, is KRW 18 million; if you have several accounts, the total across them is what counts.

In addition, amounts such as matured ISA money moved into a pension account and the proceeds from downsizing a home by a qualifying single-home owner aged 60 or older (up to a cumulative KRW 100 million) can be contributed separately. Note also that you cannot make contributions after you have started receiving a pension.