KDI proposes adjusting basic pension eligibility to 50% of median income, potentially saving 440 trillion won in fiscal spending by 2070 amid projected decrease in elderly poverty rates.
#YonhapInfomax #BasicPension #ElderlyPoverty #FiscalSavings #KDI #PensionReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51993
KDI - 'Reducing Basic Pension Recipients to 50% of Median Income Could Save 440 Trillion Won in Fiscal Spending'

KDI proposes adjusting basic pension eligibility to 50% of median income, potentially saving 440 trillion won in fiscal spending by 2070 amid projected decrease in elderly poverty rates.

Yonhap Infomax