Public servants’ pension reform continues to stir controversy
Social affairsOct 12, 2014
Amid fierce resistance from the nation’s public servants to the ruling Saenuri Party’s proposal to cut their monthly pension, a lawmaker has revealed that one in five retired public workers receive more than 3 million won ($2,798) in pension payouts, an amount about nine times higher than what retired workers in private sectors receive.According to Rep. Cho Won-jin of the ruling party, the number of retired public workers who receive such large amounts will only increase rapidly if no reform is