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Retirement pension in Taiwan, South Korea and Japan : Policy indicator perspective

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  • Retirement pension in Taiwan, South Korea and Japan
  • Kuo, Yu-Ying
  • The International Public Policy Association


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Title Retirement pension in Taiwan, South Korea and Japan
Similar Titles
Sub Title

Policy indicator perspective

Material Type Reports
Author(English)

Kuo, Yu-Ying

Publisher

[Vaulx-en-Velin, France]:The International Public Policy Association

Date 2011
Pages 25
Subject Country Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Taiwan(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Social Welfare
Social Development < Employment
Holding The International Public Policy Association

Abstract

Almost every country has faced the aging problem, and great efforts have been placed on establishing appropriate retirement system and reasonable pension design. The civil service retirement system has significant importance on a country’s human resource management, global competitiveness and fiscal resource allocation. With fiscal pressure or fiscal cliff, the sustainability of pension funds has become an urgent issue, and, therefore, the pension contribution, payment and system design have been intensively discussed. This study will first introduce Taiwan, South Korea, and Japan’s civil service retirement system. Second, the concept of policy indicators, proposed by MacRae (1986), will be used to examine the contribution rate, payment scheme, replacement rate and pensioners’ satisfaction of Taiwan, South Korea, and Japan civil service retirement pension. Finally, the paper will summarize the similarities and differences of civil service retirement system among three countries. (The rest omitted)