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Korea - Pensions at a Glance 2011

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  • Korea - Pensions at a Glance 2011
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - Pensions at a Glance 2011
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2011
Language English
File Type Link
Subject Economy < Financial Policy

Abstract

Korea: Pension system in 2008 The Korean public pension scheme was introduced relatively recently. It is an earnings-related scheme with a progressive formula, since benefits are based on both individual earnings and the average earnings of the insured as a whole.