Lee Jae-myung, leader of the Democratic Party of Korea, said on the 10th regarding pension reform, "It is belated, but the People Power Party has expressed its intention to prioritize the reform of the parameters." He noted, "Let's not attach impossible conditions any longer, and let's quickly finalize the urgent parameter reform."

Lee Jae-myung, the leader of the Democratic Party, is delivering a representative speech of the negotiating group at the National Assembly in Yeouido, Seoul, on Oct. 10. /Courtesy of News1

On the same day, the representative spoke in his speech as the head of a parliamentary negotiating group at the National Assembly.

He said, "Let's not attach impossible conditions any longer, and let's quickly finalize the urgent parameter reform," adding, "There is no disagreement on the insurance premium rate of 13%, and the income replacement rate of 44% proposed by the People Power Party is only a 1% gap from the Democratic Party's final proposal of 45%."

He then said, "Let's start the reform from the areas where an agreement can be reached right away."

Lee emphasized, "What use is ideology in reviving the economy, and what significance does color have in saving livelihoods? Whether progressive policies or conservative policies, if they are useful prescriptions, let's mobilize them all. If it is beneficial for a prosperous society, we will accept any policy."

He also noted, "I will make 'meals and living' issues, including the idea of 'meals-ism,' and ensuring that everyone lives well, referred to as 'well-being-ism,' our new vision."

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