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Basic pension burden could double by 2048: study
May 3, 2026
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AI Analysis: Appeal to Fear
Posted 2 hours ago by
The share of South Korea’s public finances spent on the basic pension could nearly double by 2048 unless the government narrows eligibility and overhauls the program, a study showed Sunday. According to the study published in the Korea Journal of Public Finance, basic pension spending is projected to rise from 3.08 percent of government finances in 2026 to 6.07 percent in 2048 if the current eligibility criteria remain unchanged.
As a share of gross domestic product, spending on the basic pensio
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Technique: Appeal to Fear
Our AI detected use of specific narrative techniques in this piece.The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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