Baby boomers prefers long-term advance payment over pension fund

More baby boomers, who were born between 1955 and 1963 and are now in their late 40s and mid-50s, are willing to voluntarily pay the long-term advance pension premiums into the National Pension Service (NPS) for their retirement years, according to the Ministry of Health and Welfare.

Under the revised regulation that took effect last month, people can pay their monthly pension premium into t...