Default Options and Retirement Pension Management Discussed
Over 500 Attendees from Companies Introducing Retirement Pensions

Hana Bank holds retirement pension seminar with Ministry of Employment and Labor. Photo by Hana Bank

Hana Bank holds retirement pension seminar with Ministry of Employment and Labor. Photo by Hana Bank

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Hana Bank announced on the 17th that it held a retirement pension seminar for companies that have introduced retirement pensions, in collaboration with the Ministry of Employment and Labor.


This seminar was organized to promote the establishment of the retirement pension system, which has undergone many recent changes, and to enhance understanding of the default option (pre-designated operation system) that will become mandatory in July this year. The Ministry of Employment and Labor attended in person and, together with Hana Bank's Pension Business Support Department, explained ▲Understanding the default option (pre-designated operation system) ▲Recent changes and directions in the retirement pension market ▲Methods of managing retirement pension products.


About 500 company representatives and managers from companies that have introduced retirement pensions attended the seminar held in Seoul, Daejeon, and Busan. Hana Bank plans to expand the regions where the seminar is held.



A Hana Bank official stated, “We will strengthen communication with retirement pension providers and fulfill our role in the quantitative and qualitative growth of the domestic retirement pension market.”


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