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KMID : 1124019970130010115
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Korean Social Security Studies
1997 Volume.13 No. 1 p.115 ~ p.153
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The Actuarial Analysis of Benefits and Cantributions of the National Pension
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Abstract
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It is said that national pension system is not actuarially sound. Using the comparison of the benefits and contributions between national pension and tax-benefit life annuity selling in insurance companies, this study shows the causes of the problems in point of the soundness of the national pension system and suggests some alternatives which can be considered in the refornls of the national pension.
This study also analyzes the effects of the introduction of farmers and fishermen group into the national pension. This study shows that the number in the previous group has 5% less benefits after farmers and fishermen group joined national pension but the member in farmers and fishermen group has almost 50% more benefits compared with their own pension system.
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