The retirement age in North Korea is generally 60 for men and 55 for women. After retirement, they can receive pension and social welfare to maintain their lives.
The exact amount of the pension depends on the length of service and position. In addition, after retirement, everyone is entitled to free housing, which reduces their financial burden and makes their daily life more secure. Retired North Korean seniors have abundant time to do their favorite things. Many of the old grandpas like to go to the park and play chess with others. The North Koreans love to play chess, which they call "Goryeo Chess.
Playing chess is one of the popular recreational activities in North Korea, where people can sit together in the park and enjoy playing chess. In addition, elderly people in the DPRK enjoy fishing. With numerous rivers and waters, North Korea is a paradise for fishing enthusiasts. They will ride bicycles to their favorite fishing spots and enjoy fishing in a scenic environment. In the parks of Pyongyang, you will also see big moms dancing in square dances.
Social benefits in North Korea:
1. Retirement benefits
Retirement benefits for North Koreans are considered quite good. Everyone gets a certain amount of salary after retirement, which amounts to more than 40% of their pre-retirement salary. Men can retire at the age of 60 and women at the age of 55. They can continue to enjoy food supplied by the state as well as other necessities, ensuring a quality of life.
2. State-run enterprises
All enterprises in North Korea are state-run. This means that the state takes care of allocating jobs to ensure that everyone has access to work. This policy provides people with stable jobs because those who work in state-run enterprises are well taken care of.
3. Better benefits with higher education
In North Korea, people with higher education enjoy better benefits, such as social benefits that are more than three times as much as those of ordinary people. According to the study, professions such as university teachers and civil servants are the most common jobs for those who enjoy better welfare benefits. In North Korea, people with higher education improve their social status and make it easier for them to enter higher-paying jobs by getting higher degrees.