Written by 11:29 AM Politics

Lee Jae-myung: “Let’s quickly carry out pension reform by formalizing the promise made by the nation to pay.”

“People Power Suddenly Became Revolutionaries
Oil Exploration Probability 20%, In Other Words, 80%”

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On the morning of the 5th, Lee Jae-myung, the leader of the Democratic Party, is speaking at the Supreme Council meeting held at the National Assembly in Yeouido, Seoul. [Photo source=Yonhap News]

On the morning of the 5th, Lee Jae-myung, the leader of the Democratic Party, is speaking at the Supreme Council meeting held at the National Assembly in Yeouido, Seoul. [Photo source=Yonhap News], ‘On the 5th, the Democratic Party’s leader Lee Jae-myung stated regarding pension reform, “It is necessary to formalize in the National Pension Act the content of providing pensions promised by the government in a stable and continuous manner, and in parallel process the basic reform bill.”‘,
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, ‘At the Democratic Party’s Supreme Council meeting held at the National Assembly on that day, Lee emphasized, “As the national burden follows the basic reform, the government’s role must be clearly defined. We must alleviate the worries of the people who wonder if they won’t receive pensions in the future due to funding depletion.”‘,
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, ‘He stated, “Pension reform is one of the most urgent tasks for the 22nd National Assembly,” and emphasized, “Since there has already been an agreement on the basic reform, let’s proceed with the processing. We urge the government and the ruling party to promptly promote pension reform.”‘,
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, ‘He questioned, “If the ruling party argues that structural reform and fundamental reform must be processed simultaneously and cannot be separated, does it mean that if we do not carry out structural reform, we should not proceed with basic reform?”‘,
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, ‘Fundamental reform involves changing figures such as insurance premium rates and replacement rates, while structural reform involves changing the structure of pensions themselves by integrating national pensions, basic pensions, and various special occupational pensions.’,
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, ‘He further criticized, “Do you understand the difference between revolution and reform? Revolution means changing everything at once, while reform means gradually changing from possible parts because it is difficult. Has the power of the people suddenly turned into revolutionaries.”‘,
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, ‘He emphasized, “The fundamental goal of pension reform is for the country to take responsibility for the elderly’s income,” and mentioned, “Korea has a overwhelming 40.4% elderly poverty rate, ranking 1st among the 38 OECD countries.”‘,
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, ‘He said, “We can no longer postpone the issue of how the country will ensure the retirement of its citizens born in Korea.”‘,
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, ‘Furthermore, Lee addressed President Yoon Suk-yeol’s announcement related to the discovery of oil and gas in the East Sea near Yeongilman in Pohang, Gyeongsangbuk-do, stating, “Regarding oil exploration, it is said that the probability is 20%, but saying in reverse, it is not 80%.”‘,
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, ‘He stated, “It is said to cost 50 billion won to drill 5 sites currently, which is similar to the money spent on Busan World Expo. I hope for the success of the oil drilling but I hope for prudent and stable governance without budget waste.”‘,
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