Han Deok-su: "Submit Government Pension Reform Proposal to National Assembly Special Committee for Joint Discussion"

Government Questioning at the National Assembly on the 27th

Prime Minister Han Duck-soo is attending the government-wide economic questioning session held at the National Assembly on the 26th, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporters Koo Chae-eun and Park Joon-yi] Prime Minister Han Duck-soo stated on the 27th regarding pension reform discussions, "Since the government has already conducted considerable research, I think it would be better to submit the government's proposals to the committee to be established in the National Assembly rather than the government creating a separate (Pension Reform Committee), and have thorough discussions together."

Prime Minister Han made this remark during a National Assembly question session when Democratic Party lawmaker Kim Sung-joo asked, "The National Assembly has agreed to establish a special committee on pension reform, but is the government not going to form a pension reform committee?"

When Lawmaker Kim said, "Is the government planning to stay out of it, pass it to the National Assembly, and just watch idly? The president or prime minister must establish a pension committee under their authority," Prime Minister Han responded, "I will consider it," giving a general reply.

Regarding Kim's point that "(in pension reform discussions) labor and management should also participate in a grand compromise committee for social dialogue," Han agreed, saying, "That is our hope," and added, "I believe the most desirable approach for the government is to put all important social reform tasks, not just pension-related ones, on the table and achieve a grand compromise through discussions with stakeholders."

The Yoon Suk-yeol administration has proposed the formation of a 'Public Pension Reform Committee' as a national agenda. There are prospects that the Public Pension Reform Committee could be launched as early as the third quarter of this year. However, after the National Assembly agreed on the 22nd to establish a special committee on pension reform, it appears the government has also decided to participate in this effort.

This content was produced with the assistance of AI translation services.