KDI-Korean Economic Association Discussion on "Desirable Directions for National Pension Reform" on the 23rd

On the 14th, KDI announced that it will jointly hold a policy forum with the Korean Economic Association on the 23rd at the Korea Press Center in Seoul, under the theme "Desirable Directions for National Pension Reform."

At this forum, experts will explore ways to achieve various pension reform goals such as sufficient old-age income security, sustainability of pension finances, and intergenerational equity, and discuss desirable directions for pension reform. The policy forum will consist of keynote presentations by Shin Seung-ryong, Research Fellow at KDI’s Fiscal and Social Policy Research Department, and Jeong Se-eun, Professor at Chungnam National University, followed by a comprehensive discussion with five national pension experts.

Shin Seung-ryong, Research Fellow at KDI’s Fiscal and Social Policy Research Department, will present on "Structural Reform Plans for a Fully Funded National Pension." He will point out the current situation, which accepts the depletion of the National Pension Fund as a foregone conclusion and only proposes parameter adjustments that worsen intergenerational equity, emphasizing that it is reasonable to discuss reform directions based on the introduction of a fully funded "New Pension" system.

Professor Jeong Se-eun of Chungnam National University will present "The 5th National Pension Financial Projection and Rational Pension Reform Plans," proposing financial stabilization alternatives such as gradual increases in insurance premiums, government budget injections, raising the retirement age, and maintaining the fund until population structure stabilization.

In the comprehensive discussion, Lee Woo-jin, Professor at Korea University, will serve as the chair. Panelists including Oh Geon-ho, Chair of the Policy Committee at Naegamandeuneun Bokjigukga, Won Jong-hyun, Full-time Expert Member of the National Pension Fund Management Committee, Yoon Seok-myung, Honorary Research Fellow at the Korea Institute for Health and Social Affairs, Lee Cheol-in, Professor at Seoul National University, and Cho Young-chul, Invited Expert at the Korea Institute of Public Finance, will discuss desirable directions for national pension reform.