Useful Info
Wage/Severance
What is Survivor's Benefit?
10/1/2025
Views 4
Author:system
A benefit paid in the event of death due to work-related causes or when death is presumed. It is divided into a survivor's compensation lump sum and a survivor's compensation pension, and is paid as either a lump sum or a pension depending on the choice of the eligible survivor. ① Survivor's Compensation Lump Sum: Paid to the eligible survivor an amount equivalent to 1,300 days of average wages. ② Survivor's Compensation Pension: If there is one survivor, it is 52% of the annual income obtained by multiplying the average wage by 365; it increases by 5% for each additional survivor, and if there are four or more survivors, it is 67% of the annual income, paid differentially according to the number of eligible survivors.
Comment 0
Please log in to leave a comment.
Non-members can only view comments.