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How South Korea is tackling its super-aging problem – and what other aging nations can learn from its experience

Officials are weighing a higher retirement age as the pension fund nears depletion and long-term care demand rises.

  • In December 2024, South Korea reached super-aged status as residents 65 and older surpassed 20% of the population, completing a demographic transition in roughly 24 years.
  • Economic insecurity persists among older adults; 39.7% of people 66 and older live on less than half the national median household disposable income, the highest rate among OECD nations.
  • A 2025 pension reform will raise contribution rates from 9% to 13% by 2033, while lawmakers debate gradually increasing the statutory retirement age from 60 to 65.
  • Long-Term care insurance, introduced in 2008, provides home and residential support for those with physical or cognitive needs, though demand for services is rising rapidly.
  • South Korea's experience suggests aging societies benefit most when policymakers coordinate pension and employment reforms early, before fiscal pressures and care needs become severe.
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How South Korea is tackling its super-aging problem – and what other aging nations can learn from its experience

South Korea’s unusually rapid transition to a super-aged society means it has had little time to find solutions for pension funding and healthcare for the elderly.

·Missoula, United States
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The Indiana Gazette Online broke the news in Indiana, United States on Tuesday, September 15, 2026.
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