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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

Issuer (type)

National Pension Corporation (Government)

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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