Ruling and Opposition Parties Reach Consensus on National Pension 'Automatic Adjustment Mechanism' — Income Replacement Rate Remains at an Impasse / JTBC News (February 2025)

At the ruling-opposition-government consultative body

convened at the National Assembly Sarangchae,

the parties reached agreement on the introduction of an automatic adjustment mechanism.

The following is the JTBC television news report on that development.

However, the very next day, the Democratic Party,

which was then in opposition,

reversed this agreement.

https://m.youtube.com/watch?v=g5QUS7wSHzM&pp=0gcJCTIBo7VqN5tD