South Korea’s push to extend the retirement age to 65 is fueling concerns over youth employment, with studies showing that for every additional elderly worker, up to 1.5 fewer young people are hired, highlighting the need for phased implementation and labor market reforms.
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https://en.infomaxai.com/news/articleView.html?idxno=89953
KDI President Cho Dong-chul advocates for gradual retirement age extension, warns against uniform implementation to prevent social conflicts, and suggests reforming basic pension system to address future demographic challenges.
#YonhapInfomax #RetirementAgeExtension #LaborMarketReform #BasicPensionSystem #ElderlyPoverty #SocialConflict #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63362
KDI President Cho Dong-chul - 'Uniform Extension of Retirement Age Will Amplify Social Conflict... Gradual Implementation Needed'

KDI President Cho Dong-chul advocates for gradual retirement age extension, warns against uniform implementation to prevent social conflicts, and suggests reforming basic pension system to address future demographic challenges.

Yonhap Infomax
Presidential candidate Hong Jun-pyo unveils ambitious 5-year economic revival plan, proposing 50 trillion won investment in AI and introducing fiscal reforms to boost South Korea's global competitiveness
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https://en.infomaxai.com/news/articleView.html?idxno=58945