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Pension Future Forum

Materials from a Very Important Policy Forum Held in January 2013 by the Then-Opposition Party on the Park Geun-hye Administration’s Basic Pension (2026. 8. 30.)

2026.08.30
Materials from a Very Important Policy Forum Held in January 2013 by the Then-Opposition Party on the Park Geun-hye Administration’s Basic Pension (2026. 8. 30.)

We post here the materials from an emergency policy forum

held in January 2013

on the Park Geun-hye administration’s Basic Pension,

which had set off enormous public controversy.

At that time,

unlike today,

Yoon Seok-myung, head of the Pension Research Center,

was able to take part as a presenter

in a forum hosted by the then-opposition Democratic Party.

Representative Kim Yong-ik,

who convened the forum at the National Assembly,

had served in the Roh Moo-hyun administration

as Senior Secretary to the President for Social Welfare,

and in the Moon Jae-in administration

at the National Health Insurance Service

as its President.

During the Roh Moo-hyun administration,

Senior Secretary Kim Yong-ik favored introducing

a universal Basic Pension.

At that same time, by contrast,

Yoon Seok-myung, Director of the Social Security Research Division,

was the foremost opponent

of introducing

a universal Basic Pension.

Despite so great a disagreement,

Representative Kim Yong-ik

gave the opposing side a chance to present

at the forum

he himself hosted.

This is a point on which today’s politicians

ought to search their consciences.

At the time, a universal Basic Pension

was strongly advocated by

Professor Kim Yeon-myeong of Chung-Ang University

(later Senior Secretary to the President for Social Affairs in the Moon Jae-in administration),

and Dr. Oh Gun-ho spoke for the position of

the Korean Confederation of Trade Unions (KCTU).

We hope readers will look closely at what each of them presented.

As grounds for opposing the introduction of a universal Basic Pension,

Dr. Yoon Seok-myung

presents the detailed results

of a financial projection.

Readers are invited to see this for themselves

in the attached file.

In the end, the KCTU

won more

than it had wanted.

This is precisely the reality facing

the Republic of Korea on August 30, 2026.

Attachments

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