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IMAGO / Xinhua

Country reports

Consensus amid Chaos

by Thomas Yoshimura, Yu-Jin Song

Korean Parliament passes pension reform

On 20 March 2025 the Korean National Assembly passed a pension reform. This historic decision, which was passed by both major parties despite fierce political debate, ushers in a new chapter for the pension system after 18 years. Despite ongoing challenges, the course for solutions in the face of serious demographic developments is set. Above all, it provides a striking contrast to the enormous polarization that otherwise characterizes Korean politics and has led to the current crisis.
March 25, 2025 Order details

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Einigkeit im Chaos
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Thomas Yoshimura

Thomas Yoshimura

Resident Representative in Korea Interim Head of the Japan office until July 2024

thomas.yoshimura@kas.de +82 2 793 3979

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