elderly population Archives | Be Korea-savvy
8 in 10 Low-Income Earners Will Have No Pension After 65

8 in 10 Low-Income Earners Will Have No Pension After 65

SEOUL, Jun. 30 (Korea Bizwire) — Eight out of ten low-income, middle-aged and elderly people between the ages of 38 and 63 will likely face an uncertain financial future after retirement without a private pension or retirement pension, let alone the national pension, even after they turn 65. This forecast is based on an audit [...]

S. Koreans Think 67.2 is Appropriate Age to be Considered Old: Poll

S. Koreans Think 67.2 is Appropriate Age to be Considered Old: Poll

SEOUL, Apr. 26 (Korea Bizwire) — The age at which South Koreans think a person can be considered old has been pushed back to reflect the general aging of the population, a new poll showed Tuesday. The survey released by Hyundai Research Institute (HRI), a private think tank, showed respondents believed 67.2 should be viewed [...]