• Title/Summary/Keyword: Income Security Policy

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A Study on Income Expansion Plan for the Elderly according to Income Security Policy (소득보장정책에 따른 노후소득 확충방안에 관한 연구)

  • Kim, Nam-Jung;Choi, Young-Su
    • Industry Promotion Research
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    • v.5 no.3
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    • pp.23-29
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    • 2020
  • In order to enrich the lives of senior citizens, this study suggested measures to increase income for the elderly by strengthening the current income security policies. Income security is a policy that guarantees income to maintain a certain standard of living. It is a policy that guarantees income to maintain a certain standard of living when income is suspended due to unemployment, disease, or disaster, or when income is lost due to retirement or death of a dependent due to old age, or when expenditure accompanying birth, death, etc. occurs. According to the study, measures to expand old-age income security are as follows. First, a phased increase in basic pension for the guarantee of old-age income is needed. Second, the income security function of the National Pension Service should be further strengthened. Third, a multi-layered old-age income security system should be established. Fourth, the government should continue to push for the expansion of works for the elderly. In conclusion, in order to strengthen the income security policy for the elderly, a reexamination of the current income guarantee system for the elderly is needed first. Then, it will be necessary to propose measures to gradually guarantee income for the elderly.

A Critical Review On The Basic Income: Focusing on Types and Debating Issues (기본소득론 고찰 : 유형과 쟁점을 중심으로)

  • Kim, Sin-Young;Kim, Jin-Sook
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.3
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    • pp.221-227
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    • 2022
  • This study purports to deal with so-called basic income policy that Korea society has paid a great amount of attention to in welfare policy area. As an introduction, the definitions of basic income policy, and her natures and characteristics, and ideological foundation will be covered. Then, this study will discuss current debating issues upon basic income policy around the world such as basic income policy vs pre-existing social security systems, basic income policy and labor supply, the potential effect of basic income policy upon income redistribution, and feasibility of basic income as an actual policy. In conclusion, this study will investigate major criticisms on basic income policy and suggest viable paths that interested researcher should take for further study on basic income.

The Effects of Basic Income Security on Poverty Elimination and Life Independence in Income Security Policies (소득보장 정책에서의 기본소득 보장이 빈곤해소와 생활자립에 미치는 영향)

  • Kim, Sung-Ki
    • Journal of Digital Convergence
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    • v.17 no.5
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    • pp.77-88
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    • 2019
  • This study is empirically intended to look into the effects of basic income security on poverty elimination and life independence in income security policies. To achieve this, poverty elimination and life independence through the national pension and basic pension as old-age pension for basic income security and the unemployment benefit and livelihood benefit as employment insurance were determined as dependent variables. The 10th data from Korea Welfare Panel Study were used in the statistical package program to analyze these variables. The overall findings showed that the national pension and basic pension as part of the old-age pension had a positive effect on poverty elimination and life independence. The unemployment benefit and livelihood benefit of employment insurance were not significant and they were rejected. And poverty elimination had a significant effect on life independence and it was adopted. Consequently, the old-age pension is a pensionable income security policy given to all the elderly with lower income, which it is very useful for guaranteeing a basic income. Poverty elimination leads to life independence through the guarantee of a certain basic income, suggesting that they are closely related to each other.

The Effect of Health Care Expenditure on Income Inequality (의료비 지출이 소득불평등에 미치는 영향)

  • Song, Eun-Cheol;Kim, Chang-Yup;Shin, Young-Jeon
    • Health Policy and Management
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    • v.20 no.3
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    • pp.36-57
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    • 2010
  • The degree of income inequality deepened by health care expenditure was useful in assessing the health security level. This exploratory study was conducted to provide a basic evidence to prove the necessity of reinforcement the benefit coverage of South Korea's health security systems. Data from the Household Income and Expenditure Survey of Korea and Luxembourg Income Study were used. Income inequality indices before and after deduction of health care expenditure were computed, and the degree of the increase in the indices was compared among 13 countries. The degree of decrease against the effect of income inequality reduction policies by health care expenditure was determined. The relationships between the national characteristics and the increase in income inequality were examined. In South Korea, all income inequality indices increased after deducting health care expenditure, but the difference was not high compared to the mean of 13 countries. However, the degree of decrease against the effect of income inequality reduction policies by health care expenditure was high, compared to the mean of 13 countries. The proportion of public sector spending on health care proved to be statistically significant with the increase of income inequality indices (p<0.05). In the context of the continuous increase in health care expenditure, if benefit coverage of health security systems is not reinforced, income inequality will all the more increase due to health care expenditure. In the establishment of the policies for reinforcement of the benefit coverage, income inequality after deduction of health care expenditure should be continuously monitored.

Introducing an Supplemental Security Income Program for the Elderly in Korea: Experiences of the Developed Countries and the Effects of the proposed models (한국에서의 노인소득보충급여 도입방안 : 선진국의 경험과 제도도입 효과분석)

  • Lee, Sangeun;Jeong, Chanmi;Cho, Youngsheek
    • Korean Journal of Social Welfare Studies
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    • v.48 no.3
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    • pp.209-232
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    • 2017
  • This study proposes supplemental security income programs for the elderly to reduce the serious elderly poverty in Korea. The experiences of the supplemental security income programs for the elderly among the developed countries were investigated. Based on this, the Korean supplemental security income models were proposed, and the effects of the programs on the poverty, inequality, and finance were analysed. The results suggest the following implications. First, the supplemental security income programs cover a sizable portion of the elderly in Korea, and reduce substantially the poverty and inequality problems among the elderly. Second, the supplemental security income programs are efficient compared to the increase of the basic pension. Third, the effects were varied among the combinations of the basic pension models and the supplemental security income models. Therefore Korea needs to introduce an adequate policy mix consisting of basic income and supplemental security income programs so as to construct solid basic income security systems for the elderly.

Principles and Conceptual Framework for the Introduction of Korean Sickness Benefit (한국형 상병수당 도입을 위한 제도 설계의 원칙과 개념적 틀)

  • Kang, Hee-Chung
    • Health Policy and Management
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    • v.31 no.1
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    • pp.5-16
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    • 2021
  • Both access to healthcare services and income security in case of personal illness are being needed to achieve universal health coverage, which is enshrined in the human rights to health and social security and international standards on social protection. Income security acts on both the social determinants and the adverse consequences of ill health and thus would break the vicious disease-poverty cycle. The government is supposed to implement a demonstration project of sickness benefit in 2022 and to publicize its more specific blueprint for all workers. This study is to suggest basic principles and a framework to design a new sickness benefit for universal health coverage, which is based on reviews on previous studies, related issues, and institutional conditions. This is to provide a theoretical basis to promote further discussion and to support its decision-making.

Present Situation of Old-Age Income Security and Tasks for the Legal Improvement (노인의 노후소득보장의 현황과 법적 개선과제)

  • Noh, Jae-Chul;Ko, Zoonki
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.1
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    • pp.116-127
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    • 2013
  • Korea, like most of other countries, is enforcing the national pension as social insurance which is a kind of the income policy. Despite the fundamental limitation on public pension or the imperfect policy, the guarantee of the minimum living standard for maintaining dignity of human being is not being reached for the standard. Poverty rate of the elderly in Korea is the first among the OECD countries and public pension dead zone is very large. The elderly low income class could become a serious social problem if low fertility and aging keep getting worse. In this study, I will analyze the present condition of the retirement security for the elderly in South Korea. Also, I will look into the present situation of old-age income security and determine problems, and propose the improvement devices for related laws.

A study on Elderly welfare system (노인사회보장에 관한 소고)

  • Kim, Hyeon-Su;Jo, Hak-Rae
    • Journal of the Korea society of information convergence
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    • v.6 no.1
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    • pp.7-19
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    • 2013
  • The enlightingment of the aging because society's role to reduce the elderly dependency Increase and old class income security or medical security is becoming a serious social problem, all sorts of senile disease increased and the elderly raising difficulties caused by the increased the elderly of the seriousness of this problem. To complete the social security against the social risks it is on the one hand necessary to provide an elaborate system of coordination in the field of social security. It should be pursued on the dimension if law as well as policy. On the other hand national commitment if social security benefits should be comparatively analysed to have implications for the national legislation. It is one of the most important fact that prepare for the advanced elderly society which are the law of elderly man welfare and policy is divided into an employment guarantee policy, an income guarantee policy, a health welfare policy etc.

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A Comparative Housing Policy and Policy Transfer between Countries with Respect to Low-Income Housing in Korea

  • Ha, Seong-Kyu;Choi, Eun-Jin
    • Land and Housing Review
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    • v.2 no.3
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    • pp.205-215
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    • 2011
  • Korea has experienced a remarkable economic achievement since the 1960s. However, behind this facade of growth and progress, a chronic housing shortage in the capital region, declining owner-occupation, rising housing costs, and polarization in housing conditions between the better-off and the worse-off clearly illustrate the impasse and crisis in housing that Korea now faces. In addition, the IMF crisis and the late global financial crisis shocked the Korean housing market. The Korean government has made significant policy changes to improve housing security for less-privileged groups. In order to achieve housing policy development, the Korean government has tried to employ of advanced countries. What are the benefits(merits) and dangers(demerits) of housing policy transfer between countries? This paper emphasizes that we must recognize about 'differences' rather than 'commonalities' between countries with respect to policy transfer. It also maintains that the government should play a main role as an enabler rather as a provider of 'low-cost' housing.

Evaluating the Efficacy of Income Security System of Korea (한국 소득보장제도군의 효과성 평가)

  • Kang, Shin-Wook
    • 한국사회정책
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    • v.24 no.1
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    • pp.213-237
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    • 2017
  • It is essential in social policy evaluation to examine how effectively they protect people from social risks. The aim of this study is to evaluate the effectiveness of five income security programs of Korea in coping with poverty, using KoWEPs data. We analyse the coverage and adequacy of these programs, joint as well as individual, for each sub-groups. As a result, it was found that 35% of the poor get none of the benefits. The coverage and adequacy for the aged is rather high. However, for the working age people, the unemployed in particular, are very poorly covered and average benefits levels are very low. These findings imply that there are much room and demand for improvement of Korean income security program, especially for working age population.