Article 6-3Amount Specified by Cabinet Order under Article 7-3, paragraph (4) of the Supplementary Provisions of the Act

The amount specified by Cabinet Order prescribed in Article 7-3, paragraph (4) of the Supplementary Provisions of the Act is the amount obtained by multiplying the amount calculated pursuant to the provisions of Article 43, paragraph (1) of the Act on the basis of the insured period under employees' pension insurance up to the month preceding the month that includes the day on which the claim under Article 7-3, paragraph (1) of the Supplementary Provisions of the Act was made (hereinafter referred to as the "date of claim" in this Article) (hereinafter referred to as the "insured period before the date of claim" in this Article) (or, where the provisions of Article 59, paragraph (2) of the Supplementary Provisions of the 1985 Amendment Act apply, the amount obtained by adding the additional amount prescribed in that paragraph calculated on the basis of the insured period before the date of claim) by the reduction rate (meaning the rate obtained by multiplying 4/1,000 by the number of months from the month that includes the date of claim to the month preceding the month that includes the day on which the person reaches the age of 65).