Labor Insurance Fund Exceeds Trillion for the First Time! Ministry of Labor: Government Allocates 130 Billion this Year

Reported about 1 year ago

According to the latest actuarial report from the Ministry of Labor, the labor insurance fund is expected to be depleted by 2028. However, the Ministry of Labor Minister clarified that 'allocating funds is a form of reform.' The government has already allocated 130 billion this year, pushing the fund balance over a trillion for the first time. The government has been continuously allocating funds to ensure the stable operation of the labor insurance system amidst increasing imbalances in income and expenditure.

Source: YAHOO

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