Korea to reduce early retirement

clock

SOUTH KOREA - Discussions to reform the national pension scheme in South Korea are underway in an effort to reduce the incidence of early retirement and ease the pressure on the scheme.

During a meeting on state employment strategy, president Roh Moo-hyun said measures needed to be taken to ensure the national pension scheme's sustainability in case employees of small businesses a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on South Korea

Mercer launches IM service in Korea

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

clock 27 September 2011 •

NPS injects $234m into Titleist consortium - reports

SOUTH KOREA - The National Pension Service is understood to be investing 250bn won ($234.3m) into a Korean-led consortium for its project to buy golfing equipment brand Titleist, according to reports.

clock 04 July 2011 •

Korean sovereign wealth fund adopts non cap-weighted indices

KOREA - The $37bn Korea Investment Corporation has chosen three FTSE non-capitalisation weighted indexing strategies making it the first Korean institutional investor to take this route, according to the FTSE Group.

clock 14 June 2011 •
Trustpilot