1st Edition

Korea's Retirement Predicament The Ageing Tiger

Edited By Thomas R. Klassen, Yunjeong Yang Copyright 2014
192 Pages 16 B/W Illustrations
by Routledge

192 Pages 16 B/W Illustrations
by Routledge

190 Pages 16 B/W Illustrations
by Routledge

The distinguishing feature for many workers in South Korea is contractual – and often involuntary – retirement at a young age (mid-50s for most workers) followed by precarious and low-paying self-employment or contract work. In the past this practice, which is also found in other East Asian nations, provided firms with a youthful and highly productive workforce. However, with a rapidly aging... Read more

Foreword, Young Ki Choi 1. Introduction to retirement in Korea, Thomas R. Klassen and Kun-ha Yu 2. Demographic change in Korea and East Asia, Ghazy Mujahid 3. The welfare state and income security for the elderly in Korea, Jae-jin Yang 4. The legal foundations of mandatory retirement in Korea, Yongman Cho 5. Korean women and retirement, Yunjeong Yang and Soondool Chung 6. Institutionalization of the Retirement Pension Plan and the limited role of corporatism in Korea, MyungJoon Park 7. National pension, labour market and retirement in Korea: Institutional mismatch and policy alternatives, Hanam Phang 8. Changing retirement patterns in Japan, Koichi Hiraoka 9. Retiring immigrants: Korean seniors' lives after migration to Canada, Ann H. Kim 10. The future of retirement, Masa Higo and Thomas R. Klassen

Biography

Thomas R. Klassen is a Professor in the Department of Political Science, and the School of Public Policy and Administration, at York University, Canada.

Yunjeong Yang is an Assistant Professor and Head of the Department of International Development Studies at the Graduate School of International and Area Studies, Hankuk University of Foreign Studies, Seoul, Korea.