Retirement Work And Pensions In Ageing Korea

Author : Jae-Jin Yang
Publisher : Routledge
ISBN 13 : 1135272735
Total Pages : 332 pages
Book Rating : 4.39/5 ( download)

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Download or read book Retirement, Work and Pensions in Ageing Korea written by Jae-Jin Yang and published by Routledge. This book was released on 2010-02-25 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even among the four Asian tigers, with their economic miracles during the past several decades that allowed them to join the ranks of the developed nations, South Korea is extraordinary. As significant as its economic progress, from a dirt poor and devastated nation in the 1960s, is South Korea’s emerging welfare state. Although established in a short time, and still immature in some aspects, its unique East-Asian model now faces a population that is aging at an unprecedented rate. This book introduces readers to the impact of demographic changes in Korea, particularly the impact of these on work, retirement and pensions; and as importantly, provides an explanation for the reforms of public policy in these domains. The chapters provide an up-to-date assessment of aging, retirement, and pension policies in South Korea and give valuable insights into the diverse aspects of the unprecedented rapid aging. The theme of this volume, which brings together the foremost Korean scholars and experts, is how rapid demographic change in Korea has been a central factor in income security policy for the elderly, as well as workplace policies.

Author : Thomas R. Klassen
Publisher : Routledge
ISBN 13 : 1135046433
Total Pages : 188 pages
Book Rating : 4.39/5 ( download)

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Download or read book Korea's Retirement Predicament written by Thomas R. Klassen and published by Routledge. This book was released on 2013-07-31 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distinguishing feature for many workers in South Korea is contractual – and often involuntary – retirement at a young age (mid-50s for most workers) followed by precarious and low-paying self-employment or contract work. In the past this practice, which is also found in other East Asian nations, provided firms with a youthful and highly productive workforce. However, with a rapidly aging population and shifts in the labour market, the existing arrangement is becoming less and less functional. This book examines how this retirement arrangement arose, and the policy reforms that have been both undertaken and proposed to allow workers to remain employed longer. The analysis focuses on the institutional constraints to reforms, as well as the impact forced retirement has on individuals. Using a multi-disciplinary and comparative approach, the authors study contractual mandatory retirement trends and policies in South Korea, and in doing so illuminate the political, social, legal, economic and labour market implications of this widespread practice. As nations across Asia face aging populations, this book will be welcomed by students and scholars interested in Korean studies, social policy, social welfare and gerontology. It will also be of great value to policy makers.

Author : Masa Higo
Publisher : Routledge
ISBN 13 : 1317499875
Total Pages : 225 pages
Book Rating : 4.79/5 ( download)

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Download or read book Retirement in Japan and South Korea written by Masa Higo and published by Routledge. This book was released on 2015-04-10 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses reforms to retirement policies in Japan and South Korea, especially in the context of rapid population ageing. A defining feature of the labour markets and workplaces in these two nations, and the lives of workers and families, is involuntary retirement at relatively young ages. The book explains past developments and recent reforms of retirement policies both in the two countries, as well as in a cross-national comparative manner. At the core of the book is an examination of the social, economic and political conflicts around retirement, such as between younger and older workers, between employers and governments, and between employers and workers. The policy recommendations offered apply not only to Japan and South Korea, but also to other nations such as China. The volume is of value particularly for those interested in labour markets and workplaces, population ageing and contemporary East Asia, in addition to those studying retirement and pensions. Policymakers, business leaders, worker organizations, researchers and students will benefit from the insights about the past, present and future of retirement.

Author : OECD
Publisher : Org. for Economic Cooperation & Development
ISBN 13 : 9789264201859
Total Pages : 0 pages
Book Rating : 4.58/5 ( download)

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Download or read book Working Better with Age written by OECD and published by Org. for Economic Cooperation & Development. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently, Japan has the highest old-age dependency ratio of all OECD countries, with a ratio in 2017 of over 50 persons aged 65 and above for every 100 persons aged 20 to 64. This ratio is projected to rise to 79 per hundred in 2050. The rapid population ageing in Japan is a major challenge for achieving further increases in living standards and ensuring the financial sustainability of public social expenditure. However, with the right policies in place, there is an opportunity to cope with this challenge by extending working lives and making better use of older workers' knowledge and skills. This report investigates policy issues and discusses actions to retain and incentivise the elderly to work more by further reforming retirement policies and seniority-wages, investing in skills to improve productivity and keeping up with labour market changes through training policy, and ensuring good working conditions for better health with tackling long-hours working culture.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264208267
Total Pages : 136 pages
Book Rating : 4.61/5 ( download)

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Download or read book Ageing and Employment Policies Working Better with Age: Korea written by OECD and published by OECD Publishing. This book was released on 2018-10-24 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea faces unique ageing and employment challenges. On the one hand, it will experience much faster population ageing than any other OECD country: the old-age dependency ratio (population aged 65+ over population aged 15-64), for example, is projected to increase from 20% today to around 70% ...

Author : Collectif
Publisher : OECD
ISBN 13 : 9264308075
Total Pages : pages
Book Rating : 4.77/5 ( download)

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Download or read book Working Better with Age: Korea written by Collectif and published by OECD. This book was released on 2018-10-24 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea faces unique ageing and employment challenges. On the one hand, it will experience much faster population ageing than any other OECD country: the old-age dependency ratio (population aged 65+ over population aged 15-64), for example, is projected to increase from 20% today to around 70% in 2050. On the other hand, employment rates of older workers are already very high: in the age group 65-69, for example, 45% of all Koreans work compared with an OECD average of 25% (2016 data). However, most older people in Korea end up in poor-quality jobs after ending their core career in their early 50s, with low and insecure earnings and little or no social protection. This report looks at the reasons for the current labour market and income situation of older workers in Korea, especially the role of employment and employer practices. It examines the best ways forward for policy makers and employers to increase the quality of life and work of older workers whilst maintaining their high employment rate.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264065407
Total Pages : 90 pages
Book Rating : 4.06/5 ( download)

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Download or read book Facing the Future Korea's Family, Pension and Health Policy Challenges written by OECD and published by OECD Publishing. This book was released on 2007-02-27 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea faces an extraordinary ageing challenge. Korea will age much faster than other OECD countries: in 2000, about 7% of Korea’s population were over 65; in 2050, senior citizens will constitute about 37% of Korea’s population. Population ageing ...

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309254094
Total Pages : 486 pages
Book Rating : 4.90/5 ( download)

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Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.

Author : Jae-Jin Yang
Publisher : Routledge
ISBN 13 : 1135272743
Total Pages : 209 pages
Book Rating : 4.46/5 ( download)

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Download or read book Retirement, Work and Pensions in Ageing Korea written by Jae-Jin Yang and published by Routledge. This book was released on 2010-02-25 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces readers to the impact of demographic changes in Korea, particularly the impact of these on work, retirement and pensions; and as importantly, provides an explanation for the reforms of public policy in these domains.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264279083
Total Pages : 258 pages
Book Rating : 4.87/5 ( download)

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Download or read book Preventing Ageing Unequally written by OECD and published by OECD Publishing. This book was released on 2017-10-18 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines how the two global mega-trends of population ageing and rising inequalities have been developing and interacting, both within and across generations.