Ⅲ. Characteristics of New Pension System in Chile
1. Individual Capitalization Accounts (ICA)
In Chile, they have pension system that subscribers pay back from their individual accounts after retirement. Therefore this account have no income redistribution among inter-layers and no income transfer between generations that exist in korean pension system. ICA's contributions are not inc
accounting policies were following
the IFRS identically, and nearly no exceptions were made.
Under K-IFRS
1. The company has to report consolidated financial statements
2. Revenue recognition
- percentage of completion method is not applicable
3. Defined benefit pensionaccounting
4. Cannot offset the prepaid cigarette tax expense with cigarette tax
payable; both assets and
In Chile, each person get their individual account, so they'll get back pension from this account that they submitted.
This account have no income redistribution among inter-layers and no income transfer between generations that exist in Korean pension system.
Each AFP set minimum rate of return and make a safety device for net getting enough rate of return.
For treating enormous asset,
Accounts: PSA), 55세 이상은 현행 연금제도, 새로운 제도는 25세 이하, 25세~54세는 신구제도를 함께 적용한다.
2) 문제점
1)제도전환비용-현 정치적인 상황에서 새로운 세금증가 및 채무에 대한 대중적 지지를 기대하기 어려움, 2)재정적 위험이 정부로부터 개인에게 전가-①공적연금급여 삭감, ②계정관
Ⅰ. 서론
국민연금의 재정안정화를 위해 보험료는 올리면서 급여혜택은 줄이고자 하는 정부의 개혁안에 대해 노동계가 거세게 반발하면서 사회적 이슈가 되고 있다. 한번 허용된 복지혜택을 줄인다는 것이 쉽지 않은 일이기 때문에 개혁안의 통과가 불투명해 보인다. 국민연금제도를 도입하면서 노