초록

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Abstract ▼ AI-Helper

The basic pension can be considered as a women-friendly policy in the respect that it guarantees the pension rights based on the citizenship and residence regardless of labor performance and contribution during working age for the women who are in the disadvantageous position in economic activities....

The basic pension can be considered as a women-friendly policy in the respect that it guarantees the pension rights based on the citizenship and residence regardless of labor performance and contribution during working age for the women who are in the disadvantageous position in economic activities. As the benefits rate of women in the national pension is expected to be only 40% even when the contributory pension is matured, the basic pension conforms to gender justice as it guarantees one pension for each person. This study intended to empirically assess the policy impact of basic pension, which was introduced in Korea in 2014, from the gender sensitive aspect. Using the data from Wave 9 of Korea Welfare Panel Study(koWePS), the changes of income, poverty and inequality before and after the introduction of basic pension were compared in viewpoint of gender sensitive aspect. As predicted, the analysis result showed that pension dead-zone decrease rate of female elderly was 38% higher and poverty decrease rate was 4.5%p higher than the male elderly after the basic pension was introduced. The basic pension also led to decrease of inequality within the elderly group. As such result empirically confirms the gender friendly nature of basic pension policy in labor market and pension system in Korea, it implies that the result should be noted in gender sensitive viewpoint when seeking the constitution and change of the pension policy in the future.

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