South Korea Tightens Pension System to Curb Improper Claims by Foreign and Naturalized Recipients

Lee calls for closing pension loopholes for foreign, naturalized recipients

President Lee Jae Myung ordered officials Thursday to tighten South Korea’s national and basic pension systems to curb improper benefit claims enabled by loopholes in the programs. Lee’s instruction came amid growing scrutiny of cases in which foreign nationals and newly naturalized citizens have received pension benefits under rules that have raised questions about fairness. Lee further noted that one such case has been identified, but added that there appear to be quite a few cases in which fo

By The Korea Herald