Basic Old-Age Pension
id:
basic-old-age-pension-249-18247445
title:
Basic Old-Age Pension
text:
South Korea introduced its Basic Old-Age Pension in 2008 as part of its pension system. According to the Ministry of Health, Welfare and Family Affairs, the Basic Old-Age Pension is "designed to enhance welfare of the elderly by providing a monthly pension payment to the elderly in need." The pension was intended to benefit workers contributing to the National Pension Scheme. By 2012, the pension was only covering 16% of the minimum cost of living, and benefited 67% of Korea's population over th
brand slug:
wiki
category slug:
encyclopedia
description:
Part of the South Korean pension system
original url:
https://en.wikipedia.org/wiki/Basic_Old-Age_Pension
date created:
date modified:
2024-03-02T06:07:43Z
main entity:
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image:
fields total:
13
integrity:
14