‘Poisoned Chalice’: Korean Study Rebukes Push for Pension Privatization

SEOUL, July 17 (Korea Bizwire) – A leading government-affiliated research institute has issued a stark warning against adopting a defined contribution (DC) pension model as an alternative to South Korea’s current national pension system, calling it a “poisoned chalice” ill-suited to the country’s demographic and economic realities. The report, released Wednesday by the National Pension [...]