National Pension Research Institute Archives

Leaked Pension Report Warns Elderly Poverty Could Exceed 40% Without Reform

SEOUL, Sept. 3 (Korea Bizwire) — A government-funded study, quietly withheld during South Korea’s contentious pension reform debate, has surfaced with stark warnings that elderly poverty could worsen dramatically under the current system, raising questions over transparency and policy priorities. The report, produced last December by researchers at the National Pension Research Institute, projected that if the [...]

Too Much Real Asset Accumulation May Risk National Economy

SEOUL, Korea, April 8 (Korea Bizwire) – Korea is one of the few countries with an unusually high percentage of real assets, including most prominently homes. A household finance survey by the National Statistical Office on April 7 said the ratio of real assets in total household assets as of 2013 was as high as [...]