Health and Welfare Policy Forum 2022.1 No.303, pp.42-55
Abstract
In this article, in relation to the reform of the income security system, the reform plan for income security through the current system and the alternative income security system have been reviewed. Over the past two years, the lower quintiles had a decrease in labor income and the high quintile had reduced business income, a pattern different from the one observed in the past economic crisis. As for the working conditions of non-regular workers, the average monthly wage was only 50% of that of regular workers, the national pension coverage rate was in the upper 30% range, the health insurance coverage rate was in the 50% range, and although the employment insurance coverage rate has increased recently, but it is stil in the lower 50% range. In order to fill the gaps in support for the poor and the income security system, reform measures are being proposed from two aspects: improving the existing system and establishing an alternative income security system. Discussion on the reform of the new income security system is meaningful, but it seems that sufficient discussion is necessary in that there are points to be considered in advance.
