• Journal of Korean Society of Rural Planning
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• v.19 no.4
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• pp.237-248
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• 2013

The purpose of this study is to investigate the effect of city dwellers' migration to the rural areas on the increase of their life satisfaction and its influencing variables. Using a quota sampling, 500 city dwellers across the country and 180 migrators to the Goesan Gun in the Chungcheongbuk-do were selected. The results showed that (a) most city dwellers want to move to the rural areas for their relaxation and rest for their retirement, but migrants' main goal is to realize their internally oriented values, (b) life satisfaction is more evident for migrants compared to city dwellers, and it is influenced by self-assessed income, self-perceived health and internally oriented value, and (c) migrators contribute to their own successful aging by using strategies of selection, optimization and compensation compared to city dwellers. The contribution of this paper is to identify and confirm that (a) migration to the rural areas is an effective way to increase individual's life satisfaction although goals of dwellers and migrators are different, (b) the specific influencing variable and their weights in increase of life satisfaction are unique in Korea, and (c) income level is a not sufficient condition but necessary condition. Several managerial implications and policy directions were suggested to help both migrators and potential migrators to settle successfully in the rural areas.

• Health Policy and Management
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• v.21 no.4
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• pp.511-526
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• 2011

This study aims at surveying how Koreans look upon and prepare for the age of longevity("age of 100 years") drawing near at hand, analyzing factors affecting such a perception and behavior. To this end, a telephone survey was launched for 1200 persons sampled to evenly comprise the young, middle-aged, and elderly groups. Our findings indicate that more Koreans looked upon the upcoming "age of 100 years" as a 'disaster' rather than a 'blessing.' The sense of combined uneasiness over the aged life being further elongated while they are unprepared for it, anxiety over maintaining health and so forth came into play. However, the better a person is prepared by way of health management, savings for retirement, preparation for leisure activities and employment for the later life, the more positively he or she looked upon the "age of 100 years". An analysis by group indicates that women rather than men, the elderly rather than the young, the less educated rather than the highly educated, the low-income bracket rather than the high-income bracket looked upon the "age of 100 years" more negatively. Under such circumstances, it is suggested that the nation's social system tailored to a life expectancy of 80 years should be readjusted, tailored to a 'longevity paradigm' and that to this end social systems should be reoriented toward the direction where 'healthy aging' and 'active aging' are fully supported.

• Journal of Labour Economics
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• v.39 no.4
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• pp.57-78
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• 2016

This study analyzes economic behaviors of government employee pension subscriber's household by comparison to national pension subscriber's household. First, government employee pension subscriber's household income is higher than national pension subscriber's one. Second, household net assets of government employee pension subscriber are smaller than the ones of national pension subscriber. Government employee pension could crowd out private household savings, and a national pension subscriber's household inherited more than a government employee pension subscriber's. Third, a government employee pension subscriber's household is also likely to expend more than a national pension subscriber's household. Both summary statistics and fixed effects estimates give significant coefficients to government employee's dummy. Government employee pension subscriber's households do not need to save more because they expect to receive a stable retirement pension which gives relatively higher compensation. Thus, they are likely to consume more than national pension subscriber's households.

• Proceedings of the Korea Contents Association Conference
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• 2019.05a
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• pp.295-296
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• 2019

본 연구는 노인의 삶의 질 향상에 대한 관심으로부터 출발하여 인구의 고령화에 따라 늘어난 노후에 대한 준비로 삶의 만족도 수준을 높이는 것을 궁극적인 목표로 삼았다. 이를 위해 노후준비의 하위 유형을 신체적 노후준비, 경제적 노후준비, 정서 사회적 노후준비로 구성하여 이를 다중 독립변인으로 설정하였다. 또한 사회적 지지를 매개변인, 삶의 만족도를 종속변인으로 하여 각 변인 간 구조적 관계를 밝히고, 노후준비의 하위 유형과 삶의 만족도 간 사회적 지지가 매개효과를 갖는지 검증하고자 하였다. 본 연구의 대상은 국민노후보장패널(Korean Retirement and Income Study: KReIS) 3차 및 5차 부가조사 자료로부터 추출한 65세 이상의 노인 4,058명이다. 자료 분석을 위해서는 SPSS 25.0과 SPSS PROCESS macro v2.16을 활용하였다. 연구결과 노후준비의 하위 유형 중 정서 사회적 노후준비는 삶의 만족도에 유의미한 직접효과를 발생시켰을 뿐만 아니라, 사회적 지지의 매개를 통해서도 삶의 만족도에 영향을 미치는 결과를 보였다. 이러한 연구결과를 바탕으로 노인의 삶의 만족도를 달성하는 데 중요한 변수인 정서 사회적 노후준비와 사회적 지지 제고를 위한 사회복지 정책 및 실천적 방안을 제언하였다.

• Korean Journal of Social Welfare Studies
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• v.43 no.2
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• pp.61-85
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• 2012

The purpose of this study is to examine whether the national pension affects the life satisfaction of old age, using the first and third-wave data from the Korean Retirement and Income Study. The study analyzes the relationship between the national pension and life satisfaction, using several operational definitions of these two variables. This study utilizes the Difference-in-Difference(2D) models and panel data analysis. The main results are : First, the result of simple 2D shows that there is not significantly difference between the pensioner and that of non-pensioner. Second, the result of 2D regression also shows that pension is not significantly associated with life satisfaction of the old age. Lastly, the result of fixed-effect model confirms that the national pension does not have a statistically meaningful effect on the life satisfaction, controling for the unobserved characteristics of the old age. This study also conducts sensitivity analysis and discusses policy implications.

• Journal of Families and Better Life
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• v.26 no.3
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• pp.37-52
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• 2008

The purpose of this study was to provide the valid data about residential-linked pension insurance development. The development was a part of national housing projects, which was an incentive for rural living of retired people, in order to relieve residential issues of elderly and revitalize rural communities by residents moving from cities. The insuring intent, decisive insuring factors and the residential service demand degree of people preparing retirement were analyzed. Data was collected in October, 2007. 364 Sample Subjects lived in Seoul Metropolitan area. Firstly, more than 90% of respondents had intention to purchase a residential-linked pension insurance and about 50% of them necessarily desired receiving premium for moving in. This indicated that it could be developed as an insurance which helped to meet housing expenses by housing-linked system, and in the mean time, it met the original purpose of pension insurance as the pension benefit could be guaranteed for all the insurance subscribers. Secondly, the respondents, whose income and private assets were higher, were able to pay more for insurance compared to average. Therefore, It was necessary to regulate monthly insurance bill and the payment period according to asset states of insurance subscribers after establishing certain amount of total insurance payment. Thirdly, by and large, it indicated the tendency that the less they prepare for older age the later they wanted to move into the pension insurance residence. It was inferred that in the case of insufficient preparation for older age, people preferred preparing behind time by postponing move in to moving in early to enjoy retired life, due to uncertainties. lastly, the respondents understood the significance of health, medical treatment and emergency management service and these two services were preferred as essential provided services. Because of the necessity of developing residential-linked pension insurance was found to be positive, further research to find the real cost, directives for operation and institutional support for this type of pension insurance might be needed.

• Journal of Family Relations
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• v.21 no.2
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• pp.77-96
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• 2016

Objectives: The aims of this study are to examine the associations between marital satisfaction and life satisfaction among Korean retirees in later life and to test whether the degrees of associations increased over time. Method: Nationally representative Korean Longitudinal Study of Ageing data from wave 1 (in 2006) to wave 4 (in 2012) was utilized and retirees in later life (65-89 years old, N=402) were analyzed. Latent growth modeling (LGM) and model constraint were applied using Mplus 7.3. Age, sex, household income, subjective health, depressive symptoms and elapsed time after retirement were included as control variables. Results: Linear unconditional LGM fitted the data well and showed gradual decrease in life satisfaction. Conditional LGM revealed significant associations between marital satisfaction and life satisfaction from time 1 to time 4. According to model constraint test, the size of associations between marital satisfaction and life satisfaction did not change with time. Conclusions: To sum up these results, the associations between marital satisfaction and life satisfaction were significant and relatively stable over time among retirees in later life. This study suggests one's spouse is a fundamental component of social convoy among Korean retirees in later life. Therefore, intervention programs targeted toward enhancing marital relationships among retirees' couples will help them to live a better life.

• The Journal of the Convergence on Culture Technology
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• v.4 no.4
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• pp.301-308
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• 2018

This study examined the relationship between transition in living arrangement and life satisfaction outcomes among older adults in Korea. This study utilized the secondary data of 2 waves(2005-2011) of a Korean Retirement and Income Study from the National Pension Research Institute. This study categorized living arrangement transition over time into 16 categories and used generalized the estimation equation(GEE) modeling to examine the relationship between living arrangement transition group membership and life satisfaction. The results showed that transition in living arrangement in old age was partly and significantly associated with life satisfaction in later life. In particular, the best living arrangement type in older adults in terms of life satisfaction was the coresidence with spouse compared with residence alone or residence with their children. The group of residence with their children was not related to higer satisfaction. More research is needed to explore the mechanism behind older people's trajectory in transition in living arrangement.

• Journal of Korea Entertainment Industry Association
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• v.13 no.5
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• pp.273-280
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• 2019

The purpose of this study is to provide basic data for improving the life satisfaction of elderly women with chronic diseases by analyzing the factors affecting life satisfaction. Using the 6th Korean Retirement and Income Study, 1846 elderly women aged 65 years or older with chronic diseases were included in the study. In order to investigate life satisfaction, instrumental activities of daily living and interpersonal relationship according to general characteristics, descriptive statistics, t-test and ANOVA were used. We used hierarchical multiple regression analysis to find out the factors affecting life satisfaction. The results showed that elderly women with chronic illness were more satisfied with life when they were younger, spouses, higher education, proper sleep, regular exercise, and regular health checkups. This study has limitations in that the number of chronic diseases, types, and psychosocial aspects are not considered. However, it is significant that the elderly panel with the representative of the whole nation was used to grasp the life satisfaction of the elderly women with chronic diseases. Therefore, in order to improve the life satisfaction of elderly women with chronic illness, appropriate sleep, exercise, instrumental daily life ability, interpersonal intervention will be needed.

• The Journal of the Convergence on Culture Technology
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• v.10 no.1
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• pp.369-378
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• 2024

The aim of this study is to conduct a comparative study on the sustainability of the public pension. While the mainstream view on the sustainability of the public pension presupposes financial sustainability, the original purpose of guaranteeing retirement income has been overlooked. The sustainability of the public pension needs to consider not only financial sustainability, but also various factors such as demographic structure, labor productivity, industrial structure, life cycle of working households, government spending on public pensions, economic growth, and social consensus. With this awareness of the problem, this study conducted a fuzzy set qualitative comparative study in 44 countries, including Korea. As a result of the analysis, it was found that Korea had high financial sustainability for a single year, but relatively low integration related to social consultation and public pension operation, and adequacy such as the degree of guarantee and linkage with other pension systems was also relatively low. The sustainability of the broader public pension should be emphasized not only for financial sustainability, but also for adequacy and integration.