<Current Affairs Planning Window> ‘Generation of 8.7 million people, trapped in income cliff’

2024-04-09 20:41:06

Surprisingly, this is a story about people in their 50s in Korea in 2024.

The current national pension eligibility age for people in their 50s is 64 to 65 years old.

This generation, which entered adulthood and went through periodic crises such as structural adjustment initiated by the IMF, global financial crisis, and economic crisis caused by the coronavirus, is the first non-regular worker, early retirement, and income cliff generation, and is also the generation that bears the greatest double burden of raising children and supporting parents. It is also

People in their 50s, who are trapped by an unexpected income cliff and have to prepare for an unexpected lifespan of 100 years, speak of their simple wishes with a humble attitude.

 

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