People Power Party leader Jang Dong-hyuk pledged active efforts to extend South Korea’s statutory retirement age, vowing to bridge policy gaps and advance legislation amid labor market transformation and demographic challenges.
#YonhapInfomax #RetirementAgeExtension #PeoplePowerParty #KoreanConfederationOfTradeUnions #AgingPopulation #LaborLegislation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105256
Jang Dong-hyuk Vows Active Efforts to Address Retirement Age Extension—Aims to Bridge Gaps for Legislative Push

People Power Party leader Jang Dong-hyuk pledged active efforts to extend South Korea’s statutory retirement age, vowing to bridge policy gaps and advance legislation amid labor market transformation and demographic challenges.

Yonhap Infomax
Democratic Party leader Jeong Cheong-rae emphasized that extending South Korea's retirement age is now essential, pledging legislative action and support measures, while labor unions demand concrete progress on key labor reforms.
#YonhapInfomax #RetirementAgeExtension #DemocraticPartyOfKorea #FederationOfKoreanTradeUnions #LaborReform #PublicServiceEmployeeCommitteeAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92385
Jeong Cheong-rae Visits Federation of Korean Trade Unions Again After Two Months—'Extending Retirement Age Is Now Essential, Not Optional'

Democratic Party leader Jeong Cheong-rae emphasized that extending South Korea's retirement age is now essential, pledging legislative action and support measures, while labor unions demand concrete progress on key labor reforms.

Yonhap Infomax
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.
#YonhapInfomax #RetirementAgeExtension #YouthEmployment #KoreaDevelopmentInstitute #BankOfKorea #LaborMarketReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89953
South Korea’s push to extend the retirement age faces hurdles over wage system reform, with labor and management divided on whether pay adjustments should accompany longer working lives.
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https://en.infomaxai.com/news/articleView.html?idxno=89954
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
South Korea's ruling party supports gradual retirement age extension, emphasizing social dialogue and economic considerations amid growing labor sector push and public interest.
#YonhapInfomax #RetirementAgeExtension #PeoplesPowerParty #EconomicSocialLaborCouncil #LaborMarket #SocialDialogue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55459