English/Speaking

Thursday, October 04, 2018

날까마귀 2019. 3. 27. 12:03

Talk about the aging society.


Korea's population is aging at a rapid clip. The life expectancy is increasing at the highest rate in the world. Sooner and later, we will be a super aged society. As the population ages, we need to hedge against various issues. The birth rate is so low in Korea that we need to make provisions very carefully. Long-term management plans are needed for the national pension system since fewer people are paying while more are receiving. Various welfare policies for the elderly are needed. The lack of support for such welfare policies is emerging as a major social problem. The budget allocated to welfare for senior citizens will have to be hiked up. A social consensus is also needed to better take care of the elderly.


Why do I need to pay for the national pension service?

It's not that much. You need to look at the big picture.

What do you mean? I pay all this money every month for nothing.

But you will need to receive that money when you get older.