South Korean Pensions: Impressions from a Distance

• Autorzy: Platon Tinios
• Języki publikacji: EN

Abstrakty

EN

The South Korean pension system is a state-run PAYG social insurance system that has largely managed to avoid key problems common elsewhere. General state pensions arrived on the scene relatively late - in 1988 - in an economy dominated by small family firms and a familial social protection system. Despite financial surpluses, the system underwent two major reforms focused on sustainability, in 1997 and 2007. Recent discussions also highlight adequacy and old age poverty, with the prospect of rapid population ageing. Korea has combined PAYG finance with a large pension reserve - the second largest sovereign fund in the world - whilst also managing to preserve the unity of the system by applying common rules. (original abstract)

Słowa kluczowe

EN

Pension schemes; Pension system reform; Pension funds; Ageing of the population

PL

System emerytalny; Reforma systemu emerytalnego; Fundusze emerytalne; Starzenie się społeczeństw

• Czasopismo: Polityka Społeczna
• Rocznik: 2016
• Numer: nr 1 (ang) Old-Age Pension Systems Outside Europe
• Strony: 31--38

Twórcy

autor

Platon Tinios

• Universityof Pireus, Greece; London School of Economics, United Kingdom

Bibliografia

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