Kim, Jae-Kyeong; Moon, Hyung-Pyo - Center for Intergenerational Studies, Institute of … - 2011
On December 31, 2009, the Government Employees Pension System (GEPS) in the Republic of Korea was faced with a huge pension reform. The objective of the reform was to lessen the financial burden in the future. This paper tries to provide a comprehensive understanding on the 2009 reform,...