“Twilight Divorces” and National Pension Splits Both on the Rise

SEOUL, March 16 (Korea Bizwire) — On the rise are “twilight divorces”, a term referring to the ending of marriages by couples in their golden years, and with their increased frequency is a growing number of individuals living off income from their ex-spouse’s pension through pension splitting. Pension splitting was introduced in 1999 for divorcees [...]