South Korea’s National Pension Reform: A Crucial Shift in Social Security
After 27 years of maintaining the same pension contribution rate, South Korea is set to implement significant changes to its national pension system. With the government’s new reform plan, the pension premium rate will rise from 9% to 13%, and the income replacement rate, which was on course to fall to 40%, will be capped at 42%. This landmark reform, the first in over two decades, aims to stren..
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2024. 9. 4. 17:49
