Only 37% of South Koreans in their 40s and 50s are actively preparing for retirement, with most relying on public pensions that offer low income replacement, highlighting the need for greater private pension coverage and policy support.
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Only 37% of South Koreans in Their 40s and 50s Are Adequately Prepared for Retirement—Private Pension Coverage Remains Insufficient

Only 37% of South Koreans in their 40s and 50s are actively preparing for retirement, with most relying on public pensions that offer low income replacement, highlighting the need for greater private pension coverage and policy support.

Yonhap Infomax