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@article{ART002033549},
author={Jung Chang Lyul},
title={Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea},
journal={Korea Social Policy Review},
issn={1226-0525},
year={2015},
volume={22},
number={3},
pages={235-263},
doi={10.17000/kspr.22.3.201509.235}

TY - JOUR
AU - Jung Chang Lyul
TI - Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea
JO - Korea Social Policy Review
PY - 2015
VL - 22
IS - 3
PB - Korean Association of Social Policy
SP - 235
EP - 263
SN - 1226-0525
AB - This paper examines the regulatory policy in the Korean occupational pension at the point of time when it will expand to all employees in the near future. The expansion of private pension is a universal phenomenon in the advanced countries and, the role of government is changing from providers to regulators. The regulatory policy in private pension is widespread but it is generally thought as policy instruments to achieve public ends in private welfare systems. In regard to the matter, it compares regulatory policies between the UK and Swiss occupational pensions. While the UK has changed the policies from de-regulation, strengthening regulations such as fee and insolvency protection, Switzerland has efficiently regulated financial institutions through minimum interest rate. The Korean occupational pension has focused on the coverage extension only since its introduction but the systematic regulations have been absent. At the result, all elements such as fee, funding rule and insolvency protection are likely to increase the burden of members and companies. It is necessary to recognize that the regulatory policy is the prerequisites to achieve public ends in occupational pensions
KW - occupational pension;fee;underfunding;insolvency protection;regulatory state
DO - 10.17000/kspr.22.3.201509.235
ER -

Jung Chang Lyul. (2015). Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea. Korea Social Policy Review, 22(3), 235-263.

Jung Chang Lyul. 2015, "Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea", Korea Social Policy Review, vol.22, no.3 pp.235-263. Available from: doi:10.17000/kspr.22.3.201509.235

Jung Chang Lyul "Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea" Korea Social Policy Review 22.3 pp.235-263 (2015) : 235.

Jung Chang Lyul. Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea. 2015; 22(3), 235-263. Available from: doi:10.17000/kspr.22.3.201509.235

Jung Chang Lyul. "Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea" Korea Social Policy Review 22, no.3 (2015) : 235-263.doi: 10.17000/kspr.22.3.201509.235

Jung Chang Lyul. Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea. Korea Social Policy Review, 22(3), 235-263. doi: 10.17000/kspr.22.3.201509.235

Jung Chang Lyul. Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea. Korea Social Policy Review. 2015; 22(3) 235-263. doi: 10.17000/kspr.22.3.201509.235

Jung Chang Lyul. Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea. 2015; 22(3), 235-263. Available from: doi:10.17000/kspr.22.3.201509.235

Jung Chang Lyul. "Regulatory Policy for the Development in Occupational Pension: Cases of the UK and Switzerland, and the Implication in Korea" Korea Social Policy Review 22, no.3 (2015) : 235-263.doi: 10.17000/kspr.22.3.201509.235