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영어

Korea has experienced very fast ageing society, and aged society will make blunt the growth of labor power, so labor power will decrease within 20-30 years. Fortunately, Korea already began to make preparation against aging society, and attribute importance to the development of policy to improve the environment of labor market.
Especially, through the enactment of 'Employment Promotion for the aged Act', Korea set up a scaffolding to enlarge job opportunities and steadily complement the act. Distinguishing characters of each nation's employment market must be reflected when the policies be adopted, but in some cases, invalid systems are made according to the establishment of unrighteous policy disregarding the nation finance and the reality of our society.
I think legal age aligned with Pension provision beginning age must be extended in phases and mandatory retirement system should be left in labor and management' self rule. Because mandatory retirement system goes in gear with wage system being fixed upon the agreement of parties. I think this system is reasonable.