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The National Pension Act

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Summary

The purpose of this Act is to contribute to the stabilization of livelihoods and the promotion of national welfare by providing pension benefits in old-age, disability or death.

The National Pension Act
Issuer

South Korea

Year

1986

Region

Asia

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Agriculture, Forestry, Fishing & Hunting
  • Finance & Insurance
  • Health Care & Social Assistance
  • Professional, Scientific, & Technical Services
Restrictiveness

Low

Sustainable Development Goals (SDGs)
  • SDG 1: No Poverty
  • SDG 2: Zero Hunger
  • SDG 3: Good Health and Well-being

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