(Channel A Report on the Increase in National Liabilities)

As early as 2018, half of the national liabilities were the accrued pension
liabilities of the Government Employees Pension and the Military Pension.
After rejecting
National Pension reform
on the grounds that the public dislikes it,
the government said it would hire
175,000 more civil servants.
The 2025 deficit subsidy for the Government Employees Pension
of 10 trillion won is
merely a temporary optical illusion
created by the contributions paid by the civil servants
whose ranks the Moon Jae-in administration greatly expanded.
Only when it is assumed that the 175,000 civil
servants additionally appointed under the
Moon Jae-in administration are not
paying contributions now,
and the deficit subsidy for the Government Employees Pension
is calculated on that basis,
will the reality of the 2015
Government Employees Pension overhaul be
starkly revealed.
