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(Dr. Shin Seung-ryong, Korea Development Institute. Unfunded Pension Liability Trends) 22nd National Assembly Special Committee on Pension Reform Advisory Committee — Presentation Material

2025.12.30
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(Dr. Shin Seung-ryong, Korea Development Institute. Unfunded Pension Liability Trends) 22nd National Assembly Special Committee on Pension Reform Advisory Committee — Presentation Material


(This content appears on page 17 of the second attached document.) This is highly valuable research demonstrating how the National Pension's unfunded pension liability shifts in response to changes in the fund's investment return. It emphasizes that, as the fund investment return rate rises, the unfunded liability diminishes, thereby making structural reform of the National Pension correspondingly easier to achieve.

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