(June 2013, National Assembly) [Policy Forum] Legislation to Guarantee State Payment of the National Pension

In contrast, it is rare for foreign countries to explicitly codify a state guarantee of payment for social insurance schemes, and dissenting voices have been raised expressing concern that, should this legislation be enacted, public pension disbursements would be recognized as national debt, thereby jeopardizing the country's sovereign credit rating.

https://www.peoplepower21.org/welfare/1035128