Within the project “Issue Paper Series – Labour and Society”, the Friedrich-Ebert-Stiftung Korea Office has invited national experts to analyse the current trend of socio-economic issues in South Korea and developing future scenarios for “socio-economic justice transition”.

This article attempts to answer the following questions about the social security system in South Korea:

- How do the major social insurance schemes in Korea work?

- Which social protection issues are most prominent in the public debate?

- What is the governmental plan for expanding the social security schemes? What can be alternative solutions?