• Title/Summary/Keyword: social security pension

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Middle-Old Age's Retirement Transition, Old Age Income Security and the Support of Gradual Retirement (중고령자의 퇴직전환 및 노후소득보장과 점진적 퇴직지원)

  • Ji, Eun-Jeong
    • Korean Journal of Social Welfare
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    • v.58 no.3
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    • pp.135-168
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    • 2006
  • This study reviewed pension reform's overall characteristic and(anticipated) positive negative effect in OECD countries's and then analysed middle-old age's retirement transition and determinants of full/gradual retirement through the $3{\sim}7th$ Korea Labor and Income Panel considering that Korea has been aging society quickly and it is necessary to suggest not only solution of early retirement and working age reduction but also pension reform. As a result of this study, about 1/4 of 50 years and older have been continuing to work through various pathways after retirement and 98% among fully retired older who passed by re-employment step of occupational status including retirement are still searching for jobs. This showed that it is also inappropriate to typical retirement concept itself on the lines of labour market participation in Korea and part-time/temporary work or self-employment have been used by means of alternatives of maintaining works for middle-old ages. However, the duration of changed occupational status of gradual retirees is mostly only $1{\sim}2$ years. Therefore it is necessary to support the gradual retirement to minimize a term of income insecurity and promote the work of the old ages who have will and capacity of work. Most of all, partial pension system which is main program of gradual retirement, should make the rules that beneficiaries are those who age less than pensionable age and benefit levels should be actuarial fairness together with pension system and provide substantial help. But, the introduction of partial pension system is not the only way to solve and needs overall social economic approach. Especially guarantee the increase of quantitative qualitative employment for middle-old ages linking labor market policy and supporting gradual retirement not ought to be abused to force the part time works and early retirement route against their own will.

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The Effects of Safety Income System on Recipient's Economic Independence and Life Satisfaction under the Social Security System (사회보장제도의 안심소득제가 수혜자의 경제적 자립과 생활만족에 미치는 영향)

  • Kim, Sung-Ki
    • The Journal of the Korea Contents Association
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    • v.19 no.4
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    • pp.598-608
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    • 2019
  • This study is empirically intended to look into the effects of safety income system on recipient's economic independence and life satisfaction under the social security system. To achieve this, a survey was carried out to 650 adult householders benefiting from the social security system. The SPSS 23 statistical program was used to apply measurement variables related to the safety income system. The results of this study are summarized as follows. The social insurance and the social assistance of safety income system were adopted, having a significant effect on the economic independence. The effect of economic independence on life satisfaction was rejected, while the effect of social assistance on life satisfaction was adopted, showing a difference in the effect of each factor. The findings imply that social insurance and social assistance with support for safe income can be a positive help for economic independence, and unemployment benefit, national pension, long-term care subsidy and health insurance can help to achieve real economic independence, adopting only social assistance with limitation to life satisfaction. Consequently, the safety income system is very useful in helping recipients to achieve their economic independence through its introduction, but there is some distance to meet their life satisfaction.

Comparative Analysis of the Poverty-Mitigating Effects Originated from Transfer Income Systems among Single-Elderly-Households (이전소득의 독거노인가구 빈곤경감 효과 비교)

  • Kim, Sooyoung;Lee, Kanghoon
    • 한국노년학
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    • v.29 no.4
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    • pp.1559-1575
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    • 2009
  • As the basic old-age pension system was enforced in 2008, the base for old-age income security was founded. However, due to the basic old-age pension played a minor role as assistant allowance, it did not reach to sufficient level to cover full income security system. It is estimated that the dependency on private transfer income among the elderly who are difficult to be economically independent is still high. Therefore the poverty rate of the elderly households, who are not economically active or who are not protected by old-age income security system, is more likely to be higher than that of non-elderly households. Based on the assumption that public transfer income system should become a central means of old-age life guarantee, this study examined the poverty mitigation effects among the elderly households by comparing the private transfer income and the public transfer income. For this purpose, we selected single-elderly-households who have been considered the most vulnerable to poverty. We used 2006- 2008 Household Income and Expenditure Survey dataset that contained single-elderly who were older than 65 years old. To understand the conditions of poverty among single-elderly-households and the degree of poverty-reducing effect originated from income transfer system, we compared the poverty rates of total households and the whole elderly households. Next, we analysed the poverty of the single-elderly-households by social demographic factors such as gender, age, and economic activity. Our major findings are as follows: First, the poverty rate of the whole elderly households were not reduced, even though the basic old-age pension and long-term care management system were enforced in 2008. Second, half of the elderly households including single-elderly-households belonged to the absolute poverty line. Relatively higher level of poverty among the single-elderly-households was found especially those who were female, unemployed, low-educated, older, and rural single-elderly-households. Third, the effect of the public transfer income on mitigating the single-elderly-households poverty showed a little progress. However, even greater poverty reducing effect was found by the private transfer income system. Fourth, in a group of the public transfer systems, the public assistance such as supporting living costs contributed more to reduce poverty of the elderly population than the public pension system did.

A study of the income inequality of the aged in OECD 10 countries - Focusing on the life course perspective (OECD 10개국 노인의 소득불평등에 관한 연구 -생애주기관점을 중심으로-)

  • Ji, Eun Jeong
    • Korean Journal of Social Welfare Studies
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    • v.42 no.1
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    • pp.333-370
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    • 2011
  • This study views the aged inequalities according to the inequality hypothesis of the life course perspective in OECD 10 countries. Focusing on educational level which is early social status and welfare state regime which is social structure factors of inequality, this study analyzes income inequality for the aged who have transformed into old age period from non-aged period. The analysis is based on the data SHARE of Europe and HRS of USA. The main results of this study are summarized in four points. First, the income inequality is quite high by welfare system and the educational level. Second, the income inequality is somewhat reduced in case the people move from the period of non-aged to the period of aged. However, gini coefficient is still high(0.475). Considering welfare state regimes, although the income inequality is high in conservative regime of non-aged period, this would be higher in aged period. This result supports cumulative advantages/disadvantages hypothesis. The liberal regime remains high income inequality which supports the theoretical argument of status maintenance. Social democratic regime provides evidence to offer some support for the status leveling hypothesis. In there, income inequality is lower in aged period even though income inequality of non-aged period is low. Third, the cumulative advantages/disadvantages of disposable income according to educational level are strengthened and heterogeneity is grown in case people transition from the late period of non-aged to aged period. But public pension has been more equally distributed than gross income. Fourth, seeing welfare state regimes, public pension of aged-period is more inequally distributed than that of non-aged period in liberal and conservative regime. Specially in conservative regime, inequality of gross income is very high and public pension is also inequally distribute So this might show that the social security system strengthens the cumulative advantages/disadvantages. However, in the social democratic regime, public pension is more equally distributed than gross income and it could be much more equally distributed in aged period, which can support the status leveling hypothesis.

The Review on the Social Adaptation process of Professional Soldiers before and after Discharge (직업군인 전역 전.후 사회적응 과정에 관한 고찰)

  • Jung, Jae Keak;Jung, Doo Jin
    • Convergence Security Journal
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    • v.14 no.6_1
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    • pp.139-145
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    • 2014
  • The military of the Republic of Korea has had the world's strongest combat powers through systematic training and has been preparing for future wars with advanced arms. As the arms have been developed for the future, the medicine also has made so much progress that the average life expectancy has increased about 30-40years compared to the past. Even though different problems about professional soldiers who have relatively lower retirement age, have come the surface, there seems to be no particular measures for them. Although they try to apply their ability and experiences obtained by the life in the military to the social life, they feel a great sense of loss when they realize that there is not many thing to apply. The job as a professional soldier has been everything for them, but the time to be discharged has come. However, this is the second act of their life, and also they have much longer social life than that in the military. Strong determination is needed to prepare wisely and rigorously for that and then to live a happy life as a member of society.

A Study on the Factors Affecting Life Satisfaction: Focused on Social Support (삶의 만족도 영향요인에 관한 연구: 사회적 지지를 중심으로)

  • Lim, Ahn-Na;Park, Young-Suk
    • The Journal of the Korea Contents Association
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    • v.17 no.3
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    • pp.675-682
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    • 2017
  • This study used the fifth additional data of the panel research on security for the aged conducted by National Pension Research Institute in 2014, and studied the level of satisfaction about life targeting 7,763 middle- and old-aged people in their 50s or older. Social support, one of the influential factors on satisfaction about life, had a positive impact on satisfaction about life, and material support and emotional support were found to have a big influence.

The Study on the China Advance Plan of Senior Products Industrial (고령친화산업 대중국진출방안 연구)

  • Park, Keun-Soo;Kim, So-Jin
    • International Commerce and Information Review
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    • v.14 no.4
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    • pp.5-25
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    • 2012
  • This study is to explore the advance plan of senior products industrial into China. For this purpose, we examine the current status of the senior products industrial in Korea and investigate the demand of senior products industrial in China. Based on the results of these analyses, we discussed the concrete plans to advance into China. At result, the senior products industrial markets needed to develop in China are the elderly tourism industry, the elderly medical equipment and pension. And Korean companies intending to advance into China market might should capture the change of social security system, the trait of senior products industrial, and the regional characteristics in China.

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Comparison on Middle-aged and Older People's Depression and Life Satisfaction According to Family Caregiving Types

  • Lim, Ahn-Na;Song, No-Won
    • International journal of advanced smart convergence
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    • v.6 no.3
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    • pp.45-52
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    • 2017
  • This study examined data from National Pension Research Institute's 5th Panel Survey on Security for the Aged in 2013. The subjects of this study are middle-aged and older people aged 50 or older providing care for parents or grandchildren. The subjects are total 226, 53 parent caregivers and 173 grandchild caregivers. According to the results, both types indicate low depression, and their life satisfaction records over 3 out of 5. Grandchild caregivers show higher life satisfaction than parent caregivers. Any of the factors influencing depression and life satisfaction are not found to be significant in parent caregivers. Grandchild caregivers' educational level and health condition influence depression negatively and life satisfaction positively.

Decision Tree Analysis for Prediction Model of Poverty of The Older Population in South Korea

  • Lee, Soochang;Kim, Daechan
    • International Journal of Advanced Culture Technology
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    • v.10 no.2
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    • pp.28-33
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    • 2022
  • This study aims to investigate factors that affect elderly poverty based on a comprehensive and universal perspective, suggesting some alternatives for improving the poverty rate of the elderly. The comprehensive and universal approach to the poverty of the aged that this study attempts can give a better understanding of the elderly poverty beyond the contribution of the existing literature, with the research model including individual, family, labor, and income factors as the causes of old-age poverty from the comprehensive and universal perspective on the causes of poverty of the elderly. In addition, the study attempts to input variants of variables into the equation for the causes of elderly poverty by using panel data from the 8th Korean Retirement and Income Study. This study employs decision tree analysis to determine the cause of the poverty of the elderly using CHAID. The decision tree analysis shows that the most vital variable affecting elderly poverty is making income. For the poor elderly without earned income, public pensions, educational careers, and residential areas influence elderly poverty, but for the poor elderly with earned income, wage earners and gender are variables that affect poverty. This study suggests some alternatives to improve the poverty rate of the aged. The government should create a better working environment such as senior re-employment for old people to be able to participate in economic activities, improve public pension or social security for workers with unfavorable conditions for public security of old age, and give companies that create employment of the aged diverse incentives.

Changes of Family Role on the Elderly Income Security in North Korea (북한 노후소득보장에서 가족의 역할에 대한 연구: 김일성 시대와 김정일 시대의 비교)

  • Cho, Sungeun;Min, Kichae
    • Korean Journal of Family Social Work
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    • no.56
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    • pp.135-167
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    • 2017
  • This study aims to examine the change of state-market-family as three welfare provisions. This exploratory study investigates the change of welfare provisions and life of the elderly for 25 North Korean refugees focusing the actual condition of income security for the elderly using the snowball sampling. The main results are followings. First, in the age of Kim Il Sung showed the state-led, market absence, family supplementation and in the age of Kim Jong Il and Kim Jong Un showed the state diminishment, market appearance, family supplementation in terms of welfare provisions. Second, there is disparity between institution and reality because the law don't prescribe the responsibility of market provisions for the people but the elderly should have made a living in the market since the early 1990s. The situation of 'the weaken state and strengthened market' in the age of Kim Jong Il have still continued in the age of Kim Jong Un. The formal income security for the elderly need to return to the former condition.