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@article{ART002393348},
author={Jung Chang Lyul},
title={Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective},
journal={Korea Social Policy Review},
issn={1226-0525},
year={2018},
volume={25},
number={3},
pages={151-174},
doi={10.17000/kspr.25.3.201809.151}

TY - JOUR
AU - Jung Chang Lyul
TI - Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective
JO - Korea Social Policy Review
PY - 2018
VL - 25
IS - 3
PB - Korean Association of Social Policy
SP - 151
EP - 174
SN - 1226-0525
AB - This study investigates the issues in relation to the introduction of the fund-based Korean occupational pension, examining the development plans in the members’ perspective. The strong drive from Korean government to introduce the fund-based governance seems to be a sort of strategy to expand coverage in occupational pension. It is not logical that the introduction of the fund-based scheme is likely to cause increase in earning rate and, what is more important is to set the conditions to implement the active investment decision. Also, because the introduction of the fund-based scheme may increase possibility of insolvency, it is necessary to strengthen beneficiary protection or funding rule but, in the short term, it is better to focus on funding rule rather than protection scheme. The introduction of the fund-based scheme suggests the direction that members can actively participate in occupational pension, which means that it is possible to operate occupational pension in the direction of intent of the system.
KW - occupational pension governance;fund-based scheme;beneficiary protection;funding rule
DO - 10.17000/kspr.25.3.201809.151
ER -

Jung Chang Lyul. (2018). Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective. Korea Social Policy Review, 25(3), 151-174.

Jung Chang Lyul. 2018, "Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective", Korea Social Policy Review, vol.25, no.3 pp.151-174. Available from: doi:10.17000/kspr.25.3.201809.151

Jung Chang Lyul "Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective" Korea Social Policy Review 25.3 pp.151-174 (2018) : 151.

Jung Chang Lyul. Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective. 2018; 25(3), 151-174. Available from: doi:10.17000/kspr.25.3.201809.151

Jung Chang Lyul. "Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective" Korea Social Policy Review 25, no.3 (2018) : 151-174.doi: 10.17000/kspr.25.3.201809.151

Jung Chang Lyul. Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective. Korea Social Policy Review, 25(3), 151-174. doi: 10.17000/kspr.25.3.201809.151

Jung Chang Lyul. Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective. Korea Social Policy Review. 2018; 25(3) 151-174. doi: 10.17000/kspr.25.3.201809.151

Jung Chang Lyul. Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective. 2018; 25(3), 151-174. Available from: doi:10.17000/kspr.25.3.201809.151

Jung Chang Lyul. "Examining the issues and development plans in relation to the introduction of the fund-based Korean occupational pension: In the members’ perspective" Korea Social Policy Review 25, no.3 (2018) : 151-174.doi: 10.17000/kspr.25.3.201809.151