[SBS News Story] Syrup benefits VS unemployment benefits

2024-01-09 05:11:06

Last July, the government and the ruling party held a public hearing to improve the unemployment benefit system and explored ways to reform unemployment benefits, such as abolishing the lower limit of unemployment benefits, which is currently set at 80% of the minimum wage.

The government is seeking to reform the system, such as strengthening the eligibility requirements for unemployment benefits and abolishing the lower limit, saying it will prevent such irregularities and moral hazard.

Regarding the direction of reform of this system, there are opinions that while it is necessary to prevent employment insurance funds from leaking due to illegal supply and demand, fraudulent supply and demand, etc., there is also a need to guard against the loosening of the social safety net for workers in order to prevent corruption and deviation by some.

In this week's SBS News Story, we will look at various issues related to the reform of the unemployment benefit system and seek reasonable ways to increase the sustainability of the unemployment benefit system.

 

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