Pension System Simulator

Interactive demo of WIA-SOC-018 standard

Contribution Tracking

$124,580
Total Contributions
$62,290
Employee Share
$62,290
Employer Share
18.5
Years of Service

Monthly Contribution: $300 (Employee) + $300 (Employer) = $600

Contribution History

Year Employee Employer Total
2024 $3,600 $3,600 $7,200
2023 $3,480 $3,480 $6,960
2022 $3,360 $3,360 $6,720

Benefit Calculation

$2,450
Monthly Benefit
$29,400
Annual Benefit
49%
Replacement Rate
18
Years to Retirement

✅ Your projected pension benefit will provide approximately 49% income replacement at retirement age 65.

Benefit Projection Chart

Age 55
Age 60
Age 65
Age 70
Age 75

Fund Management

$1.2T
Total Assets
8.4%
Annual Return
98.5%
Funding Ratio
2.3M
Active Members

Asset Allocation

45%
30%
15%
10%

📊 Diversified portfolio ensures long-term sustainability and risk-adjusted returns for pension obligations.

Cross-Border Pension Portability

Transfer Details

Original Balance: $124,580 (KRW ₩165,893,400)

Transfer Fee (0.5%): $623

Currency Conversion: 1 USD = 1,332 KRW

Net Transfer Amount: $123,957

Country Treaty Status Transfer Time Fee
🇺🇸 United States ✅ Active 5-7 days 0.5%
🇬🇧 United Kingdom ✅ Active 7-10 days 0.6%
🇨🇦 Canada ✅ Active 5-7 days 0.5%
🇦🇺 Australia ✅ Active 7-10 days 0.7%

Survivor Benefits Calculator

$1,715
Survivor Monthly Benefit
$20,580
Survivor Annual Benefit
70%
Percentage of Original
$515K
Estimated Lifetime Benefit

👨‍👩‍👧 Spouse and 2 dependent children eligible for 70% of original pension benefit. Benefits continue until youngest child turns 18.

Eligibility Rules

Beneficiary Type Benefit Rate Duration Conditions
Spouse 60-70% Lifetime Married at time of death
Child 40-50% Until age 18 Unmarried dependent
Parent 30-40% Lifetime Financially dependent
Disabled Child 50-60% Lifetime Certified disability