Han Dong-hoon, the candidate for the People Power Party presidential primary /Courtesy of Yonhap News.

Han Dong-hoon, a preliminary candidate for the People Power Party, announced a comprehensive pledge for an aging society focused on expanding housing, medical care, and employment welfare for the elderly and seniors on the 1st.

On that day, Han said at the National Assembly, "I will create a South Korea where all senior citizens can spend a comfortable and healthy old age and lead a vibrant life."

He further stated regarding the housing environment for seniors, "I will encourage the installation of convenience facilities for the elderly and customized care services during the construction and reconstruction of dwellings and provide incentives such as increases in floor area ratio and special allowances in commercial zones according to the ratio." He added, "I will create 'integrated multi-generational senior dwellings' by easing housing-related regulations in urban areas and expand the remodeling support project to all elderly households to make their current homes senior-friendly through the lifelong welfare account (customized personal welfare account)."

He also stated regarding healthcare and care for seniors, "We plan to establish a healthcare-care consolidation control tower in every city, county, and district, and deploy 'care coordinators' to organically integrate the regional care system." He noted, "We will provide home visits to prevent social isolation for seniors aged 75 and over twice a year, and expand depression and cognitive function tests to preemptively address dementia and mental health issues." He also mentioned plans to introduce a 'health savings system' where seniors can accumulate points for exercise and use them for medical and caregiving expenses.

Han announced a job promise for seniors that he plans to introduce an "employment primary care system" to provide comprehensive job screenings during the transitional period of life for those in their 40s and 50s, including career diagnosis, capacity development, and job transition support. He continued, "Even if the retirement age is extended, in order to reduce youth employment contraction and corporate burden, we will greatly enhance continuous employment incentives and elderly employment support funds, while also encouraging a wage system reform towards job- and performance-based compensation through tax benefits." He stated that the increase in income tax resulting from retirement age extensions and continued employment would be utilized as a financial resource for the younger generation.

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