Interim Withdrawal of Retirement Pensions Hit Record in 2020 Due to COVID-19

SEJONG, Jan. 12 (Korea Bizwire) — The number of South Koreans who withdrew money from retirement pensions due to financial difficulties such as personal bankruptcies or rehabilitation reached an all-time high in 2020 amid coronavirus outbreak. The number of people who withdrew money from retirement pensions during the process of personal rehabilitation or bankruptcy totaled 7,110, consisting of 6,908 [...]