national pension Archives | Page 2 of 2

Research Study Predicts Pension Fund Depletion in 2058

SEOUL, Jun. 26 (Korea Bizwire) — The national pension could run out of money by 2058 if current financial conditions continue, two years earlier than previously projected by the government, a research publication said Tuesday. The paper from the Korea Institute for Health and Social Affairs (KIHASA) predicted the National Pension Service (NPS) will start [...]

No Money to Spend and None to Save

SEOUL, Korea, Mar 20 (Korea Bizwire) – Among Korean households, there is an increasing number of those who are suffering from the lack of money to spend, not to mention for money to save. The economic burden to the households is not limited to the decline in income and increasing debt. The main cause of [...]