South Korea Pension Chief Opposes Nationality-Based Payment Limits

NPS chief opposes foreigner-only curbs on pension back payments

As South Korea moves to tighten a disputed pension back payment rule, the head of the National Pension Service says any new limits should be based on how long people have paid into the system, not their nationality. “What is important is not nationality, but how much they contribute and how long they contribute,” Kim Sung-joo, chairman and CEO of the NPS, wrote in a social media post Sunday evening. “Foreign nationals also pay contributions when they work in Korea. When they pay contributions, t

By The Korea Herald