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OECD Reviews of Pension Systems: Korea

OECD Reviews of Pension Systems: Korea

Paperback

LaborSocial Movements

ISBN10: 9264821201
ISBN13: 9789264821200
Publisher: OECD
Published: Oct 7 2022
Pages: 176
Weight: 0.90
Height: 0.38 Width: 8.25 Depth: 11.00
Language: English
This review provides policy recommendations on how to improve the Korean pension system, building on the OECD's best practices in pension design. It details the key features of the Korean pension system and identifies its strengths and weaknesses based on cross-country comparisons. The Korean pension system consists of a mandatory pay-as-you-go public scheme, occupational schemes and voluntary individual schemes. The review also covers the first layer of old-age social protection in Korea. This review is the eighth in the series of OECD Reviews of Pension Systems.

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