Korea Joongang Daily
Korea JoongAng Daily

Survey reveals retirement age increase favored by older Koreans

Two out of three Koreans aged 50 and older believe that the retirement age should be higher than the current 65, according to a recent report.

2026-02-01

'I carried a dream and chased it': Veteran speed skater Kim Bo-reum announces retirement

Veteran speed skater Kim Bo-reum announced her retirement on Tuesday after a storied career filled with accolades and medals. "I began skating at age 11 and spent most of my life on the ice, representing Korea," she said.

2025-12-31

Veteran KBO infielder Hwang Jae-gyun announces retirement

Hwang Jae-gyun, an All-Star infielder in the Korean baseball league who also had a cup of coffee in MLB, announced his retirement Friday at age 38.

2025-12-19

As growth slows, targeted spending vital in expansionary spending, German central bank chief says

Korea and Germany may sit on the opposite sides of the globe, but they share striking economic parallels. Both rose to prosperity within decades on the back of manufacturing and strong exports, anchored by world-class car industries.

2025-12-08

Broadcasters quickly erasing Cho Jin-woong from channels after juvenile crime admission

Broadcasters are quickly erasing the traces of actor Cho Jin-woong from their channels after he admitted to committing crimes as a minor and announced his retirement on Saturday.

2025-12-07

DP pushes to increase retirement age to 65, aims to finalize bill this year

The Democratic Party (DP) is accelerating its push to pass legislation extending the retirement age to 65, aiming to finalize the bill within the year.

2025-12-07

Korea’s retirees exit work in their early 50s, face a precarious second chapter

A recently concluded television drama, “The Dream Life of Mr. Kim,” explores the economic reality faced by many Koreans who leave their primary careers in their early 50s.

2025-12-04

IMF recommends raising Korea's retirement age, overhaul seniority-based wages

The International Monetary Fund (IMF) has recommended that Korea raise its official retirement age to 65, but only if accompanied by structural reforms — increasing the pension eligibility age to 68 and overhauling the seniority-based wage system.

2025-11-26

Labor minister voices need to pass bill to raise retirement age by year-end

Labor Minister called for legislative efforts Thursday to raise the statutory retirement age by the end of this year, while emphasizing that both companies and labor groups should reach a compromise amid the nation's rapidly aging population.

2025-11-20

A question of balance: Gov't struggles to extend retirement age

Extending the retirement age is a question of balance: filling the wage gap, increasing youth employment and minimizing burdens on businesses. Though the Democratic Party launched a task force to address this issue, progress has remained slow.

2025-11-10