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Pension system reform proposal sparks controversy

A recent proposal to reform South Korea's pension system has sparked widespread controversy, as the plan includes increasing subscriber contributions while delaying the age at which subscribers can receive pension benefits. While the pension age is already set to increase from the current 62 to 65 by 2033, the reform proposal that the National Pension Financial Calculation Committee is pushing the most is to rai. ....

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Korea faces 7th wave of COVID-19 pandemic

Korea is facing a fresh wave of COVID-19 infections, but it may be less severe than previous ones due to the build-up of immunity from prior infections and vaccinations, according to medical experts. The experts anticipate the newly emerging Omicron variants BQ.1 and offspring BQ 1.1 - also known as Typhon and Cerberus respectively - to lead the upcoming seventh wave, replacing parent variant BA.5. ....

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