국민연금 재정은 정부 재정과 분리되어 있나?

Abstract

For a long time, the national pension reform debates has presumed that national pension system is independent of the government’s finances and operates within the revenues from premiums paid by pension members and fund’s investment return. By showing that the national pension is part of the government’s general revenue, the present study challenges this presumptions and proves that this implicit premise is incorrect. To do so, it describes the fiscal processes of the government and the national pension in great detail. This suggests that the issue of sustainability of the national pension be discussed in a broader perspective, including the question of the range of income which should be subject to tax and pension premiums. This is because a major source of instability of the national pension system in Korea is due to the limited income (payrolls) that can be subject to pension premiums.