does aging society come?
Falling birth rates
Rising life expectancy
In Korea, Baby-boom generation getting old
중략
3rd reason : Baby boomer getting old
In Korea, the baby-boom generation largely refers to
those born between 1955 and 1963 in the aftermath
of the Korean War that ended in 1953.
500,000 baby-boom generation workers are set to
retire every year through 2017.
workers and self-employed person submit 10% of their income. And more contributions can charge that is called VSA(Voluntary Saving Accounts) if they want.
2. Private management about pension assets(AFP)
AFP is private company established for management ICA and property investments. Subscribers can choose AFP freely and move to other AFP accounts. AFP is fully restricted by SAFP(Superin
First Social Insurance
Triple insurance system
Bismarckian welfare
Family oriented
Primary responsibility
Assistant role of nation
89. 6. legislation for disability and an old age
labor worker more than 16-year-old
office worker : low salaries (under 2000Mark)
Insurance premium rate = 1.7 % of wages
In proportion to insurance payment
and payme
A federal program that provides workers who are involuntarily unemployed with financial compensation and some means of subsistence until other employment is found.
Canadian who is sick pregnant and caring for a newborn or adopted child.
A person who have to care for a family member who is ill with a significant risk of death.
Policy holders may be entitled to receive EI regular benefit