퇴직연금제도에 있어서의 수급권보호 -한국, 일본, 미국의 비교-

Korea has introduced new retirement pension(corporate pension) system since December 2005 in order to enhance retirement allowance payment and reduce the uncertainty of future incomes. For this purpose, it is necessary to establish some schemes or laws for guaranteeing payment. One of the schemes discussed is corporate pension guarantee scheme, which has been established in the U.S. and the U.K. for protecting members of corporate defined benefit scheme whose firms become insolvent with underfunded pension plans. We consider the establishment of a defined benefit pension guarantee system for Korea, based on experiences of the US and Japan. We find establishing corporate pension guarantee scheme makes huge social and economic costs, caused by moral hazard of firms and operation of the scheme. We suggest it requires the firms make full and independent external accumulation of funds for future payments as an alternative for protecting members.