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Story summary
- Oh Yujin of the National Pension Research Institute reports that 37.3% of people aged 65+ in South Korea are employed, well above the OECD 13.6%.
- The average national pension is 660,000 won, far below the 1.34 million won minimum living cost, so many work to cover expenses.
- With a legal retirement age of 60 and an average of 52.9, a gap keeps many working while awaiting pension benefits.
