A Study on Income Expansion Plan for the Elderly according to Income Security Policy

Kim Nam-Jung; Choi young su

Industry Promotion Research

Abbr : IPR
2020, 5(3), pp.23-29
Publisher : Industrial Promotion Institute
Research Area : Interdisciplinary Research

Kim Nam-Jung ¹, Choi young su ²

¹세한대학교 대학원 경영학과 복지경영 전공 박사과정
²세한대학교

ABSTRACT

In order to enrich the lives of senior citizens, this study suggested measures to increase income for the elderly by strengthening the current income security policies. Income security is a policy that guarantees income to maintain a certain standard of living. It is a policy that guarantees income to maintain a certain standard of living when income is suspended due to unemployment, disease, or disaster, or when income is lost due to retirement or death of a dependent due to old age, or when expenditure accompanying birth, death, etc. occurs. According to the study, measures to expand old-age income security are as follows. First, a phased increase in basic pension for the guarantee of old-age income is needed. Second, the income security function of the National Pension Service should be further strengthened. Third, a multi-layered old-age income security system should be established. Fourth, the government should continue to push for the expansion of works for the elderly. In conclusion, in order to strengthen the income security policy for the elderly, a reexamination of the current income guarantee system for the elderly is needed first. Then, it will be necessary to propose measures to gradually guarantee income for the elderly.
KEYWORDS

Income Security Policy, Income for the Elderly, Work for the Elderly, Income Expansion Plan, Basic Pension
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