Most Koreans Want to Work After Retirement

Published on 2020/02/23 | Source

More than half of Koreans wish to work after retirement, an online poll suggests.

Amid growing concerns over financial security in retirement in an aging society, the Credit Suisse Research Institute polled 1,000 people in 16 countries.

Some 63 percent of the Korean respondents said they want to work after reaching retirement age, the third highest proportion among countries surveyed behind India at 75 percent and Indonesia at 65 percent.

Germany had the lowest proportion with 18 percent, followed by Canada with 25 percent and Switzerland with 28 percent.

Credit Suisse said, "In many countries, The Pension system is too rigid to meet the changing needs of society".