Choi Sang-mok, acting President and Minister of Strategy and Finance, said on the 7th, "The automatic adjustment mechanism is a core element to ensure the sustainability of old-age income security and the national pension system and will be discussed along with parameter reform."
During the previous day's interparty government council, as the discussion on the automatic adjustment mechanism was postponed, the need for discussion was emphasized once again.
According to the Ministry of Strategy and Finance, Acting Minister Choi instructed Lee Gi-il, the first vice minister of the Ministry of Health and Welfare, to "explain once again to the ruling party that the automatic adjustment mechanism is a parameter reform dealing with numbers and is a core element."
The ruling and opposition parties agreed to discuss whether to introduce the automatic adjustment mechanism later in the Special Committee on Pension Reform, first negotiating parameter reform during pension reform.