Rival parties agree on pension reform plans

Rival parties agree on pension reform plans

National Assembly Speaker Woo Won-shik (C); Kweon Seong-dong (L), floor leader of the ruling People Power Party; and Park Chan-dae, floor leader of the main opposition Democratic Party, applaud at Woo's office in Seoul on March 20, 2025, after they agreed on proposed plans to reform the nation's ailing pension system, in what would be the biggest overhaul of the pension fund in about 20 years if approved. (Yonhap)

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