|
As the financial condition of corporate pension fund has worsened after the collapse of bubble economy, entrusting companies cannot help paying attention to the management of corporate pension fund. The financial condition of corporate pension fund in Japen has worsened remarkably due to the change in socioeconomic environment such as low birth and death rate,advent of era of low interest rate, and progress of an aging society. According to those situations, concern about employment of corporate pension fund is increasing and the reform of corporate pension fund system including abolition of restriction on fund employment, accountancy of Corporate pension fund, and tax system is reviewed. Since we introduced public pension system in 1988, individual annuity in 1994, and will introduce corporate pension system in 1998, it can be said that our social security system has been converted to three pillar old-age income security system like those of the advanced countries such as United States, Japen, etc. However, because the public pension system introduced in 1988 has many structural problems in terms of financial position, concern about the operation of corporate pension fund is increasing for the sake of the protection of policyholders. From this point of view, first I will classify the operational situation and characteristics of the system and the employment of the fund and compare and analyze each characteristics. Second, considering the recent trends of employment of corporate pension fund, I would like to explore efficient employment methods of corporate pension fund in korea.
|