Tag: retirement age

retirement age

Latest News

Hyundai’s retirement-age deal risks squeezing youth jobs (KOR)

Hyundai Motor’s agreement to extend retirement without wage reform risks raising labor costs and limiting opportunities for younger workers.

2026.8.27

Hyundai’s retirement-age deal risks squeezing youth jobs

Hyundai Motor’s agreement to extend retirement without wage reform risks raising labor costs and limiting opportunities for younger workers.

2026.8.26

It's about wage, not retirement age (KOR)

Korea can extend working lives without hurting youth employment only if it overhauls its seniority-based pay and rigid career systems.

2026.7.31

It's about wage, not retirement age

Korea can extend working lives without hurting youth employment only if it overhauls its seniority-based pay and rigid career systems.

2026.7.30

Retirement age push raises youth job fears (KOR)

Korea’s major labor groups want an immediate increase in the retirement age to 65, while critics warn it could deepen youth unemployment without broader wage and labor reforms.

2026.6.18

Retirement age push raises youth job fears

Korea’s major labor groups want an immediate increase in the retirement age to 65, while critics warn it could deepen youth unemployment without broader wage and labor reforms.

2026.6.17

This file image, captured from the pro-North Korean Choson Sinbo on Oct. 15, 2024, shows North Korean older adults enjoying time at a health center. [YONHAP]

North increases office worker retirement age by 3 years amid aging population

North Korea has raised the mandatory retirement age for office workers by three years to reflect the country's population aging and demographic changes, according to a North Korean academic paper Wednesday.

2026.5.13

A person walks out of the comprehensive counseling center at the National Pension Service’s Seoul northern regional headquarters in Seodaemun District, western Seoul, on Jan. 9. [YONHAP]

Survey reveals retirement age increase favored by older Koreans

Two out of three Koreans aged 50 and older believe that the retirement age should be higher than the current 65, according to a recent report.

2026.2.1

Labor Minister Kim Young-hoon delivers opening remarks during a labor policy meeting at the government complex in Sejong on Nov. 20. [NEWS1]

Labor minister voices need to pass bill to raise retirement age by year-end

Labor Minister called for legislative efforts Thursday to raise the statutory retirement age by the end of this year, while emphasizing that both companies and labor groups should reach a compromise amid the nation's rapidly aging population.

2025.11.20

The National Human Rights Commission of Korea [YONHAP]

Human rights watchdog calls for raising legal retirement age to 65

The state human rights watchdog recommended Monday that the nation's statutory retirement age be raised from 60 to 65.

2025.3.10

Tag: retirement age

retirement age

Latest News

Hyundai’s retirement-age deal risks squeezing youth jobs (KOR)

Hyundai’s retirement-age deal risks squeezing youth jobs

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