Utilz
Unemployment Benefits Calculator (Korea)
Estimate your Korean unemployment insurance benefits
Why Use This Tool?
- Estimate your Korean unemployment benefit amount before filing a claim.
- Understand how your age and insurance period affect benefit duration.
- Plan your finances during job transition with an accurate payout estimate.
Formula
Daily Benefit = Average Daily Wage x 60% (capped at 66,000 KRW/day, minimum 80% of minimum wage x daily hours). Average Daily Wage = Last 3 Months Salary / 90. Total = Daily Benefit x Benefit Days (120-270 days based on age and insurance period).
How to Use
- Select your reason for leaving (only involuntary qualifies)
- Enter your age
- Select your employment insurance enrollment period
- Enter your total gross salary for the last 3 months
- View your daily benefit, benefit duration, and total estimated payout
FAQ
What are the eligibility requirements for Korean unemployment benefits?
You need at least 180 days of employment insurance coverage, involuntary separation (dismissal, contract expiration, etc.), and active job-seeking efforts. Voluntary resignation generally does not qualify, though exceptions exist for justified reasons.
How much can I receive in Korean unemployment benefits?
The daily benefit is 60% of your average daily wage, capped at 66,000 KRW/day. The minimum is 80% of minimum wage times daily working hours. Benefit duration ranges from 120 to 270 days depending on age and insurance period.
Can I receive benefits if I quit voluntarily?
Generally no. However, exceptions exist for justified reasons such as workplace harassment, unpaid wages, relocating due to a spouse, or health issues certified by a doctor.
How do I apply for unemployment benefits in Korea?
Visit your local Employment Center (고용센터) within 12 months of your last working day. Bring your ID, employment insurance records, and separation notice from your employer.
How long do Korean unemployment benefits last?
Benefit duration ranges from 120 to 270 days depending on your age and employment insurance enrollment period. Older workers and those with longer insurance periods receive benefits for more days.