1. What is FRM?
Concept : To 65 year-old and over aged farmers, This is a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
A legalbasis :
Korea Rural Community Corporation a
1. What is FRM?
1) Concept : To 65 year-old and over aged farmers, This is a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
2) Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
3) A legalbasis :
Korea Rural Community Corporation and A
of 25%.Since then, on the based in contribution by political parties, spoils system has made development and By the term of public official connected with the government enacted laws to a term of four years, spoils system has provided a legalbasis. Since 1829 president Jackson appointed, spoils system has been established. In the era of Jackson, in order to stop the privilege of public service,
budget system which is focus on program since 2008. By implementing program budget system, each department could secure their own autonomy ofbudget organization and execution. Also they could organizing the budget and attaching the purpose which is focus on program.
Furthermore, It enables effective following-up control which is basis for performance evaluation of the program by suggest each d
of 65 was expected to live another 12 years. And today the time is getting longer. But the workers in the developed countries are retiring earlier thereby compounding the impact of rising longevity on pension costs.
2) Effect on Public Budgets
Population aging translates directly into a lower ratio of taxpaying workers to retired beneficiaries that, in turn, translates into greater demands on