Key reforms will likely include tiered contributions and a stabilization mechanism to ensure fund longevity
South Korean President Yoon Suk-yeol is expected to deliver a speech on pension reform sometime this week, during which he is likely to address the sustainability of the country’s pension fund and intergenerational equity.
The debate over South Korea’s pension system has been ongoing for years. Previous attempts to reform the system have faltered, largely due to political disagreements and a lack of consensus.
South Korean President Yoon Suk-yeol is expected to deliver a speech on pension reform sometime this week, during which he is likely to address the sustainability of the country’s pension fund and intergenerational equity.
The debate over South Korea’s pension system has been ongoing for years. Previous attempts to reform the system have faltered, largely due to political disagreements and a lack of consensus.
Get your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.