OBJECTIVE This paper investigates whether admission of unskilled immigrants, whose children incur assimilation costs in order to become skilled workers, positively influences the net benefits for ...

In the video, a North Korean soldier called the artillery system a “gift” from Kim to his soldiers abroad. Pyongyang has deep reserves of artillery systems and ammunition that have been ...

Twenty percent of Korea's population is now 65 or older ... The largest component of the country's welfare system is the basic pension, which is fully funded by taxes and provided to the bottom ...

Union members flooded the Statehouse during the November veto session demanding these changes to the state’s Tier 2 pension program. Public employee unions hotly opposed Tier 2 when it was ...

This assumes that the current national pension system's insurance premium rate of 9% and income replacement rate of 40% remain unchanged, and that premiums are consistently paid over 26 years.

SEOUL, South Korea (AP) — North Korea said Sunday it tested a cruise missile system, its third known weapons display this year, and vowed “the toughest” response to what it called the ...

Public pension wealth refers to the total value of assets held by a country’s public pension system. These assets accumulate through regular contributions made by employees, employers ...

After a monthslong ownership battle between Korea Zinc’s current ... In response, MBK shared that three pension funds -- the California Public Employees Retirement System, the California State ...

Nonetheless, the rankings are majorly dominated by Asian countries like Japan, South Korea, and China, which highlight Asia’s dominance and rising importance in global public pension funds for its ...

The National Pension System (NPS) was introduced by the Union Government in 2004 with the aim of developing a universal pension system. Initially designed for central government employees, the NPS was ...