Acronyms and abbreviations

AARP

American Association of Retired Persons

ALMPs

Active Labour Market Programmes

BLSP

Basic Livelihood Security Programme

CLA

Collective Labour Agreement

CHAMP

National Human Resources Development Consortium programme

DB

Defined Benefit

DC

Defined Contribution

DRA

Default Retirement Age

EI

Employment Insurance

EITC

Earned Income Tax Credit

ESPP

Employment Success Package Programme

GDP

Gross Domestic Product

HRM

Human Resources Management

IRP

Individual Retirement Pension

ITA

Individual Training Accounts

KFTU

Korea Federation of Trade Unions

KOSIS

Korean Statistical Information Service

KRW

Korean Won

NCS

National Competency Standards

NHRC

National Human Rights Commission

NPS

National Pension Scheme

PES

Public Employment Service

PIAAC

OECD Survey of Adult Skills

SMEs

Small and Medium-sized Enterprises

TWAs

Temporary Work Agencies

VET

Vocational Education and Training

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