외국의 퇴직연금과 한국의 퇴직연금

The Korean government is planning on implementing corporate pension in December, 2005. It is the first attempt of the public - private mix in the social insurance field. Corporate pension is already a popular system and one of the cores of multi-pillar pension system along with social security pension. Therefore, the corporate pension design should fit Korea's situation, reflecting on the experiences of advanced countries. First, the corporate pension should be designed so that employees and employers accept its contents. It should include the productive compensation rule, regulation of employee discrimination, tax preferences, etc. Second, the guaranty of pension benefits should be strengthened. The safety of the pension institution, the implementation of pension insurance, and employee education of the pension fund management should be prepared. Third, multi-pillar pension system consisted of national pension, individual pension, and corporate pension, should be set up. Lastly, the capital market should be improved to be able to manage corporate pension fund efficiently. Pension is based on the sound capital market. Therefore, the failure of capital market means the failure of pension. Inappropriate government regulations may lead to the inefficient capital market. However, the growth of pension based on the efficient capital market will accelerate the growth of economy.