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Pensions at a glance 2007 : Korea

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  • Pensions at a glance 2007
  • OECD
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Title Pensions at a glance 2007
Similar Titles
Sub Title

Korea

Material Type Reports
Author(English)

OECD

Publisher

[Paris]:OECD

Date 2007
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Financial Policy
Social Development < Employment
Holding OECD

Abstract

The Korean public pension scheme was introduced relatively recently. It is an earningsrelated scheme with a progressive formula, since benefits are based on both individual earnings and the economy-wide average of earnings.