[News Focus] Public worries mount over National Pension despite commitment to high returns
Social affairsMar 12, 2019
SEJONG -- The National Pension Service clarifies on its homepage that people will receive far higher payments in their 60s compared to their insurance premiums, which are 9 percent of their monthly income.The nation’s largest pension operator claims the higher payment system to policyholders is attributable to its re-assessment on payments to each individual by reflecting the growth in consumer prices and income.“There is no pension product (involving private pensions) in the local market, which