Real-time · Accrued Liability

National Pension
Real-Time Pension Debt

₩734,352,960,086,853

This is the National Pension liability the state has already promised to pay its citizens. The gap that unpaid future contributions cannot cover keeps growing, second by second, even as you read this.

Basis Accrued Benefit Obligation (ABO) Unit Korean Won (₩) Source NPReform Fiscal Model
National Pension Reform Project · NPReform

An inherited problem.
Solved by our generation.

Korea’s National Pension is not something to abolish — it is something to reform. NPReform is a youth-led, all-generations initiative that proves the problem with numbers, not emotion, and proposes direction through policy, not slogans.

The numbers we face

Same system, different shares depending on your generation.

₩2,000T+
Benefits already promised (accrued liability)
2056·64·71
Official fund-depletion year, pre/post reform
₩5,000T
Projected cumulative shortfall over ~50 years
3.4→1.4x
Expected return ratio, 1955 vs. 2005 birth cohort
How NPReform works

Public Voice · Research · Organizing

01 — Voice

Public Awareness

We make visible the problem facing the generation with the smallest voice. Data-driven content brings the reality of the National Pension into public conversation.

02 — Research

Policy Design

The Institute for Long-term Politics (IOLP) designs feasible structural reforms through fiscal and actuarial analysis. Every claim is verifiable against an open model and public sources.

03 — Organizing

Political Organizing

We turn research into real change — building a network across generations and translating the demand for reform into the language of politics.

Policy concept in development

Soft Transition.

An approach that moves the National Pension toward a sustainable structure — gradually, but with clear direction. Rather than a “cliff-edge” reform that concentrates shock on one generation, it spreads the burden gently across generations. Soft Transition aims to satisfy both political feasibility and intergenerational fairness at once, and remains a concept we continue to refine.

Get involved

When the generation with
the smallest voice speaks the loudest.

The people who will live longest with the consequences of pension reform are today’s youth and future generations. Small acts of attention and participation, added together, become a voice politics can no longer postpone.