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4 in 10 Middle-aged Adults Support Both Their Children and Parents

4 in 10 Middle-aged Adults Support Both Their Children and Parents

SEOUL, May 28 (Korea Bizwire) – About 4 out of 10 middle-aged South Koreans are burdened with “double care”, where they have to support their single children in adulthood along with their elderly parents. According to a report released by the Korea Institute for Health and Social Affairs, 39.5 percent of the 1,000 middle-aged people [...]

National Pension Beneficiaries See Big Drop in Purchasing Power After Retirement

National Pension Beneficiaries See Big Drop in Purchasing Power After Retirement

SEOUL, Apr. 23 (Korea Bizwire) — The Hana Institute of Finance, a research unit of Hana Financial Group Inc., has suggested in its “Report on the Retirement Life of South Korean National Pensioners” published on Monday that nearly half of the recipients of the national pension plan see a 50 percent drop in their purchasing [...]

Nearly Half of all S. Korean with Disabilities Over 65: Report

Nearly Half of all S. Korean with Disabilities Over 65: Report

SEOUL, Apr. 17 (Korea Bizwire) — Nearly half of all South Koreans who are registered as having disabilities are over 65, with numbers steadily rising in recent years, a government report showed Wednesday. The annual disabilities report compiled by the Ministry of Health and Welfare showed that as of last year, 2.59 million people, or [...]

Noisy Library and Stroller Music Concert to Embrace the Cultural Underprivileged

Noisy Library and Stroller Music Concert to Embrace the Cultural Underprivileged

SEOUL, Apr. 8 (Korea Bizwire) — Seoul and its autonomous districts are racing to present customized programs for the underprivileged, such as the disabled and the elderly. What is unique about two of the new programs is that they broke the existing norms of ‘being quiet in the library’ and ‘bringing babies to classical concerts’. [...]

Jeungpyeong County Expanding ‘Green Greeting’ Service to Prevent Lonely Death

Jeungpyeong County Expanding ‘Green Greeting’ Service to Prevent Lonely Death

JEUNGPYEONG, Apr. 3 (Korea Bizwire) — The county government of Jeungpyeong, North Chungcheong Province, announced on Tuesday that it will expand and implement a “Green Greeting” project that delivers green vegetable juice to prevent the solitude of underprivileged people such as single-parent families with young children and elderly people living alone. The project will be [...]

Half of Registered Dogs are Aged Between 7 and 12

Half of Registered Dogs are Aged Between 7 and 12

SEOUL, Mar. 18 (Korea Bizwire) — As the number of pet dogs increases, the number of elderly dogs, which are considered “grandfathers and grandmothers,” has increased significantly. The pet industry is pouring out a variety of products, from blood sugar-control meal products to sanitary pants. According to the Ministry of Agriculture, Food and Rural Affairs, [...]