Research Monographs

An Evaluation of 10 Years of the Customized Benefit System in the Basic Livelihood Security System and Directions for Improvement

An Evaluation of 10 Years of the Customized Benefit System in the Basic Livelihood Security System and Directions for Improvement

  • Author

    Kim, Taewan

  • Publication Date

    2025

  • Pages

    322

  • Series No.

    연구보고서 2025-38

  • Language

    kor

This study evaluated the performance of the Basic Livelihood Security System ten years after its conversion to a tailored benefit system. The analysis shows that while some coverage gaps have been alleviated, further relaxation of asset criteria remains necessary. In addition, reforms are required with respect to the calculation of the median income standard used in benefit determination. The outcomes of self-sufficiency programs in facilitating exits from benefit receipt remain limited, indicating the need for institutional improvements in this area. Looking ahead, preparations are needed for a transition of the Basic Livelihood Security System toward a categorical public assistance system, taking Into account poverty traps and its consistency with other social security systems.

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