Mobilizing Citizens' Retirement Savings to 'Douse' the Exchange Rate? — National Pension's Foreign-Currency Bond Issuance Imminent
- #국민연금법
Pension expert organizations have also voiced opposition. The Pension Future Forum issued an emergency statement on the 9th, urging that discussions on foreign-currency bond issuance be suspended, asserting that "the National Pension Fund must not be squandered as pocket money for defending the exchange rate."
The Pension Future Forum raised its voice further, stating: "The National Pension Fund Management Committee, chaired by the Minister of Health and Welfare as explicitly stipulated in the National Pension Act, already exists — why, at this juncture, is there an attempt to create a consultative body to deliberate on the management direction of the National Pension Fund?" It added, "If the government or the state regards the National Pension Fund — which constitutes old-age income for the citizenry and represents the individual property rights of each citizen — as pocket money to be spent at will, it will face fierce resistance from Korea's younger generation, future generations, and the public at large."
https://m.kukinews.com/article/view/kuk202512100201#_enliple
