The Social Insurance Agency, which has been accused of corruption and criticized for wasteful use of pension-insurance premiums, has announced a set of countermeasures aimed at reforming itself through its own efforts. However, many of the measures are presumed to have been enforceable within the existing system. So it is understandable if insurance subscribers feel like saying they are fed up with all the verbosity and demand action.
The program, announced last week, consists of four main pillars: increasing the ratio of paid national pension premiums, improving over-the-counter services, eliminating wasteful use of the budget, and organizational reform. These are all measures that should be implemented immediately because that will reduce the public's growing uncertainty about the pension system and distrust of the government.
The most important goal is to raise the ratio of paid national pension premiums. The national pension is the first stage of employees' and other public pensions. If the national pension scheme were to collapse, the whole pension system could come tumbling down.