South Korea: Half of the people are “no pension”: 10 million elderly people
-70% want to work until 73 years old-
Korean pension rate:
The pension benefit rate is only 53.2% (2019).
We feel sorry for the elderly in South Korea.
A little less than half of the people are “no pension”.
With this, life after the retirement age of 60 is uncertain.
Suicide rate:
This is the reason why it is the worst one in the OECD (Organization for Economic Co-operation and Development).
Moon administration failure:
However, the Moon administration followed the opinion of a major union and
Implemented a significant increase in the minimum wage.
On the contrary, it is a retrograde policy that increases the number of unemployed.
Elderly people who are cornered are sorry.
Solution to the problem:
To break through this reality
Relax labor regulations,
If you don’t liquidate the labor market
It’s far from solving the problem.
Japanese old age:
The majority of respondents said, “In Japan, I want to work in old age for the sake of health and purpose of life.”
Korean old age:
“Korea wants to work in old age to earn a living,” he said.
The ratio is as high as 68% of the elderly.
The pensioner rate is only 53%,
Half of the people do not get an old-age pension,
It’s hard work to work even in old age.
Korean retirement age:
In South Korea, he retired before the age of fifty.
This is a voluntary retirement.
This is the Korean type.
When there is no chance of success at work, he retires and starts self-employed.
Even if a junior becomes a boss, I can’t stand it.
There is no job change market, and it turns to self-employment, but the success rate is low.
Korea’s unique social climate is a disaster.
Relative poverty rate in South Korea:
Relative poverty rate for the elderly aged 65 and over (percentage of people whose income is below half the median)
It is the worst one in OECD with 43.8% in 2017.
Considering the low pension rate, it is in a convincing state.
Relative poverty rate in Japan:
By the way, Japan is blessed with 19.6% compared to South Korea.
World view of Toshiyoshi Katsumata
http://hisayoshi-katsumata-worldview.com/archives/27050777.html