
Prime Minister Chung Hong-won called on civil servants Thursday to cooperate in a government drive to revamp their deficit-ridden pension plan, saying the reform is inevitable and designed to make it sustainable.
Defying strong resistance from state employees, the government has recently embarked on the pension reform designed to reduce its growing deficit stemming from the increasing average life span of pensioners.
GMT 15:13 2018 Saturday ,20 January
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US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
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