Concerns grow in South Korea over sustainability of national pension amid plunging subscribers in aging society
The Korea Times (09.02.2025) The number of national pension subscribers continues to decline due mainly to the low birthrate and aging population, data from the National Pension Service (NPS) showed Sunday, raising concerns over its sustainability.
In contrast, the number of recipients is increasing, pushing the current national pension system toward a risk of fund depletion. But discussions on ways to make the pension system more sustainable have been delayed.
Regions / Country
korea, Republic of
Global challenges
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Pensions
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Status