Korean word

연금

Pronunciation

Romanizationyeongeum

Meaning

  • nounpension

Example

나는 곧 연금을 받기 시작할 거야.na neun kot yeon geu meul pat kki si ja kal kkeo ya

I will start receiving my pension soon.

Illustration for 연금 (pension)

More examples

그는 은퇴 후에도 안정적인 수입을 위해 연금에 가입했다.keu neun eun toe hu e do an jeong jeo gin su i beul wi hae yeon geu me ka i paet tta

He enrolled in a pension plan to have a steady income even after retirement.

Core concept

A steady stream of money that supports life after work ends.

Common phrases

  • 국민 연금kung min yeon geum

    national pension

  • 퇴직 연금toe jik yeon geum

    retirement pension

  • 연금에 가입하다yeon geu me ka i pa da

    enroll in a pension plan

Similar words

국민연금kungminyeongeum: A state pension provides contributors with regular income in old age.
퇴직연금toejigyeongeum: An employer-funded pension is set aside during employment and paid after retirement.

Definition in Korean

퇴직이나 노후에 정기적으로 받는 돈을 가리킨다.toe ji gi na no hu e cheong gi jeo geu ro pan neun to neul ka ri kin da

Word origin

The word is a Sino-Korean compound of terms meaning year and money, reflecting money paid regularly over time.

Usage tips

  • Unlike a single retirement payout, it highlights income that arrives regularly, which is useful when describing a change in retirement finances.

Opposites

  • 일시금ilssigeumlump sumnoun

Related words

  • 연금저축yeongeumjeochukpension savingsnoun
  • 국민연금kungminyeongeumnational pensionnoun

Word lists with this word