<60 Minutes Tracking> 2023 Retirement Poverty Report ‘There is no Santa’

2023-12-22 05:41:04

Today is the day when personal bankruptcy applicants are declared bankrupt.

Most of those waiting for sentencing in the courtroom are elderly people like Mr. Yu.

In fact, among the personal bankruptcy applicants filed in courts across the country last year, the proportion of people aged 60 or older was about 48%.

This figure clearly shows the current state of Korea, which has the highest elderly poverty rate among member countries of the Organization for Economic Co-operation and Development (OECD).

However, Mr. Yoo, who does not blame anyone, calmly accepts the declaration of bankruptcy and this old age.

Can’t sick elderly people go to the hospital without worrying about money?

It took less than a month for it to be revealed that the company was carrying out a multi-level fraud.

Mr. Kang is said to blame himself for having made a mistake in trying to live out his golden years without caring for his children.

Regarding this, Heo Jun-su, a professor of social welfare at Soongsil University, said, “This is because there is no stable retirement income security system in our country.”

To the elderly in Korea, the term “retirement age of 60” seems distant.

 

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