|
KMID : 1124020090250040187
|
|
Korean Social Security Studies
2009 Volume.25 No. 4 p.187 ~ p.216
|
|
|
Study on Improving The National Pension Scheme to Activate Combining Employment and Pension Receipt of Elderly Workers -Improvement of Early Retirement Pension and Earning Test for Pensioners-
|
|
Kim Won-Sub
Lee Jung-Woo
Han Jeong-Lim
|
|
|
Abstract
|
|
|
|
Rapid aging is threatening the sustainability of the National pension scheme, which is based on the contract between generations. In order to cope with this problem, this study proposes to introduce a partial pension, which can reinforce the work incentive and, at same time, improve the income security of elderly workers. This study suggests that following two kinds of partial pension be introduced without changing the basic structure of the national pension scheme. Firstly, the partial early retirement pension is introduced, in which the receipt rate for recipients of the early retirement pension is determined differently by their income level. Secondly, the current earning test for pensioners, in which the pension benefit of working recipients is reduced, is substituted by a partial deferred pension. In this new system, some part of the pension benefit is deferred. The portion of the deferable pension benefit is determined by the income level of recipients like in the partial early retirement pension. This partial pension system can contribute to improve work incentives in the national pension scheme and to cope with the financial instability of the pension system effectively in coming aging society.
|
|
|
KEYWORD
|
|
|
national pension scheme, partial pension system, earning test, work incentive
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|
|