(MBN TV Report on the Government Employees Pension, April 29, 2026) Government Employees Pension Costing 9 Trillion Won in Taxpayers' Money — Reform Is Sidelined Despite Snowballing Deficit (Posted September 17, 2026)

[Anchor] The deficit of the Government Employees Pension paid to retired civil servants exceeded 9 trillion won last year alone.
The shortfall was ultimately filled with taxpayers' money. While the deficit continues to grow, discussions on reform are stalling. Reporter Ahn Jung-mo reports.
[Reporter] The average Government Employees Pension received by retired civil servants is 2.74 million won.
This is 2.4 times higher than the average pension amount received by long-term contributors to the National Pension.
The Government Employees Pension is structured such that individuals and the state each bear 9%, making the contribution rate about twice that of the National Pension, and the contribution period is also longer.
▶ Standing: Reporter Ahn Jung-mo - "Last year, expenditures by the Government Employees Pension Service were in the 24 trillion won range, significantly exceeding revenues. This is because the amount paid by civil servants remained the same while the number of beneficiaries increased."
The deficit subsidy that the Government Employees Pension Service requested from the government was 9.4051 trillion won; the shortfall was ultimately filled with taxes by the government and local governments.
The problem is that this burden can only increase in the future.
According to the government's financial projection report, the deficit subsidy estimated at 8.6 trillion won in 2025 will swell to 23.8 trillion won by 2065.
The estimated cumulative deficit for the next 40 years is 637.7 trillion won; considering that last year's deficit subsidy exceeded the provisional figure, the actual cumulative deficit is expected to be even larger.
Reform of the Government Employees Pension is urgent, but it has been virtually excluded from discussions within the National Assembly Special Committee on Pension Reform.
▶ Interview (☎): Yun Suk-myung, Advisory Committee Member of the 22nd National Assembly Special Committee on Pension Reform -
"(In the Special Committee on Pension Reform) they have not even mentioned the word 'civil servant' until now. The advisory committee closes in May, but so far, the Government Employees Pension, the Private School Teachers Pension, and the Military Pension have not even been mentioned once..."
Experts warn that if reform is not implemented now, the burden will fall entirely on future generations.
This is Ahn Jung-mo from MBN News.
