Stock rally halts Korea's pension reform debate (opens original article in a new tab)

A strong stock market rally has delayed Korea's pension reform debate by boosting the National Pension Service's reserves, but experts caution that structural reforms remain necessary for long-term sustainability.

• Korea's national pension reform debate has been delayed due to a stock market rally boosting the National Pension Service's reserves.
• The NPS reserves increased from 1,036 trillion won in 2023 to 1,800 trillion won by May 2025, driven by strong KOSPI performance.
• Experts warn that while short-term gains provide temporary relief, structural reforms are still needed to address long-term pension system sustainability.