ABSTRACT
Before the introduction of the National Pension Scheme in 1988, there was only a very minimal social assistance program for the general public in the Republic of Korea – the livelihood protection scheme introduced in 1960. It was composed of some in-kind benefi ts and a small amount of fl at rate cash. There was, however, a pension program introduced in the same year for government employees, from which the military personnel pension was separated in 1963. In 1975, yet another public occupational pension was implemented, this time for private school personnel.
