Most Popular
-
1
1 in 3 Koreans live alone, family types becoming diverse
-
2
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
3
US 'incredibly concerned' about suspected NK-Iran military ties
-
4
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
5
K-pop singer lost consciousness after being hit by foul ball, cancels show
![[Kim Seong-kon] Democracy and the future of South Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/16/20240416050802_0.jpg&u=)
[Graphic News] Korea’s average retirement age rose to 61.1
By Nam Kyung-donPublished : Feb. 1, 2018 - 18:40
The average age of retirement for salaried workers in Korea now exceeds the age of 61, with a law raising the retirement age to 60 coming into full effect last year, according to the Labor Ministry.
A survey by the ministry found that workers were retiring at an average age of 61.1 in 2017, the first year the new law was expanded to affect all companies with more than one employee.
The ministry had surveyed 20,000 randomly selected firms with more than one worker from June to November 2017.
![[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/18/20240418050645_0.jpg&u=20240418181020)
![[Today’s K-pop] Zico drops snippet of collaboration with Jennie](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/18/20240418050702_0.jpg&u=)