1Associate Professor, Dept. Business and Commerce, Baekseok University, Korea
2Associate Professor, Dept. Business and Commerce, Baekseok University, Korea
Online published on 21 September, 2018.
Improvement measures on the entire financial operation on the industrial disaster insurance should be reviewed to secure the long-term financial soundness of the industrial disaster insurance fund.
The 4 plans reviewed in this study includes 2 plans on the premise of Sufficiency pay-as-you-go and 2 other plans that additionally accumulate while maintaining the current amended imposition method. Especially Plan 3 and 4 are identical in the aspect that the specific reserve scale is proposed while the current imposition scale is maintained. However, the difference is on the reserve scale and the accumulation method on the pension debts. Plan 3 accumulates the additional new pension recipients of 6 years to the total insurance payments of the previous year. And Plan 4 is to maintain the reservation portion to 20% against the scale of pension debts.
However, in the circumstance that the labor and the management show enormous differences on the necessity and standard of reserve for the pension debts of the industrial disaster insurance pension debt having short trusts on the financial estimation, reviews and discussions for a long period time to fundamentally improve the financial operation method.
Industrial disaster insurance, Financial Reserve Methods, Sufficiency pay-as-you-go, financial estimation, Pension debts
