01598cas a2200241 a 4500 AALejournalIMF002370 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451822137 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Korea : Selected Issues. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (68 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper highlights that the authorities in the Republic of Korea recognize the pension policy challenges ahead, and a first wave of reforms has already been launched. Despite the reforms to date, much remains to be done. Without further reforms, the public pension systems in Korea are not financially sustainable. This paper considers options for moving to a funded first-pillar pension system. The main results show that a sustainable, funded pension system can be achieved in Korea with reasonably modest changes to key parameters and extra financing. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/080 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/080/002.2003.issue-080-en.xml IMF e-Library