Sunday, June 21, 2026
    The GeoStrategic Consensus
    No Result
    View All Result
    • Login
    • HOME
    • AMERICAS
      • Argentina
      • Brazil
      • Canada
      • Chile
      • Colombia
      • Costa Rica
      • Cuba
      • Dominican Republic
      • Ecuador
      • El Salvador
      • Greenland
      • Guatemala
      • Honduras
      • Mexico
      • Nicaragua
      • Panama
      • Paraguay
      • Peru
      • United States
      • Uruguay
      • Venezuela
    • ASIA-PACIFIC
      • Australia
      • Brunei Darussalam
      • Cambodia
      • China
      • Federated States of Micronesia
      • Fiji
      • Indonesia
      • Japan
      • Kiribati
      • Laos
      • Malaysia
      • Marshall Islands
      • Mongolia
      • Myanmar
      • Nauru
      • New Zealand
      • North Korea
      • Palau
      • Papua New Guinea
      • Philippines
      • Samoa
      • Singapore
      • Solomon Islands
      • South Korea
      • Taiwan
      • Thailand
      • Timor-Leste
      • Tonga
      • Tuvalu
      • Vanuatu
      • Vietnam
    • CARICOM
      • CARICOM – Non-English
        • Haiti
        • Suriname
      • CARICOM Associates
        • Anguilla
        • Bermuda
        • British-Virgin-Islands
        • Cayman-Islands
        • Curacao
        • Turks-and-Caicos
      • CARICOM English
        • Antigua and Barbuda
        • Barbados
        • Belize
        • Dominica
        • Grenada
        • Guyana
        • Jamaica
        • Montserrat
        • Saint Kitts and Nevis
        • Saint Lucia
        • Saint Vincent and the Grenadines
        • The Bahamas
        • Trinidad and Tobago
    • EURASIA
      • Armenia
      • Azerbaijan
      • Balarus
      • Georgia
      • Kazakhstan
      • Kyrgyzstan
      • Moldova
      • Russia
      • Tajikistan
      • Turkmenistan
      • Ukraine
      • Uzbekistan
    • EUROPE
      • Albania
      • Andorra
      • Austria
      • Bosnia and Herzegovina
      • Bulgaria
      • Croatia
      • Cyprus
      • Czech Republic
      • Denmark
      • Estonia
      • Finland
      • France
      • Germany
      • Greece
      • Holy See
      • Hungary
      • Iceland
      • Ireland
      • Italy
      • Kosovo
      • Latvia
      • Liechtenstein
      • Lithuania
      • Luxembourg
      • Malta
      • Monaco
      • Montenegro
      • Netherlands
      • North Macedonia
      • Norway
      • Poland
      • Portugal
      • Romania
      • San Marino
      • Serbia
      • Slovakia
      • Slovenia
      • Spain
      • Sweden
      • Switzerland
      • United Kingdom
    • MIDDLE EAST AND NORTH AFRICA
      • Algeria
      • Bahrain
      • Egypt
      • Iran
      • Iraq
      • Israel
      • Jordan
      • Kuwait
      • Lebanon
      • Lybia
      • Morocco
      • Oman
      • Palestinian Territories
      • Qatar
      • Saudi Arabia
      • Syria
      • Tunisia
      • Turkey
      • United Arab Emirates
      • Western Sahara
      • Yemen
    • SOUTH ASIA
      • Afghanistan
      • Bangladesh
      • Bhutan
      • India
      • Maldives
      • Nepal
      • Pakistan
      • Sri Lanka
    • SUB-SAHARAN AFRICA
      • Angola
      • Benin
      • Botswana
      • Burkina Faso
      • Burundi
      • Cabo Verde
      • Cameroon
      • Central African Republic
      • Chad
      • Comoros
      • Cote d’Ivoire
      • Democratic Republic of the Congo
      • Djibouti
      • Equatorial Guinea
      • Eritrea
      • Eswatini
      • Ethiopia
      • Gabon
      • Gambia
      • Ghana
      • Guinea
      • Guinea Bissau
      • Kenya
      • Lesotho
      • Liberia
      • Madagascar
      • Malawi
      • Mali
      • Mauritania
      • Mauritius
      • Mozambique
      • Namibia
      • Niger
      • Nigeria
      • Republic of the Congo
      • Rwanda
      • Sao Tome and Principe
      • Senegal
      • Seychelles
      • Sierra Leone
      • Somalia
      • South Africa
      • South Sudan
      • Sudan
      • Tanzania
      • Togo
      • Uganda
      • Zambia
      • Zimbabwe
    • HOME
    • AMERICAS
      • Argentina
      • Brazil
      • Canada
      • Chile
      • Colombia
      • Costa Rica
      • Cuba
      • Dominican Republic
      • Ecuador
      • El Salvador
      • Greenland
      • Guatemala
      • Honduras
      • Mexico
      • Nicaragua
      • Panama
      • Paraguay
      • Peru
      • United States
      • Uruguay
      • Venezuela
    • ASIA-PACIFIC
      • Australia
      • Brunei Darussalam
      • Cambodia
      • China
      • Federated States of Micronesia
      • Fiji
      • Indonesia
      • Japan
      • Kiribati
      • Laos
      • Malaysia
      • Marshall Islands
      • Mongolia
      • Myanmar
      • Nauru
      • New Zealand
      • North Korea
      • Palau
      • Papua New Guinea
      • Philippines
      • Samoa
      • Singapore
      • Solomon Islands
      • South Korea
      • Taiwan
      • Thailand
      • Timor-Leste
      • Tonga
      • Tuvalu
      • Vanuatu
      • Vietnam
    • CARICOM
      • CARICOM – Non-English
        • Haiti
        • Suriname
      • CARICOM Associates
        • Anguilla
        • Bermuda
        • British-Virgin-Islands
        • Cayman-Islands
        • Curacao
        • Turks-and-Caicos
      • CARICOM English
        • Antigua and Barbuda
        • Barbados
        • Belize
        • Dominica
        • Grenada
        • Guyana
        • Jamaica
        • Montserrat
        • Saint Kitts and Nevis
        • Saint Lucia
        • Saint Vincent and the Grenadines
        • The Bahamas
        • Trinidad and Tobago
    • EURASIA
      • Armenia
      • Azerbaijan
      • Balarus
      • Georgia
      • Kazakhstan
      • Kyrgyzstan
      • Moldova
      • Russia
      • Tajikistan
      • Turkmenistan
      • Ukraine
      • Uzbekistan
    • EUROPE
      • Albania
      • Andorra
      • Austria
      • Bosnia and Herzegovina
      • Bulgaria
      • Croatia
      • Cyprus
      • Czech Republic
      • Denmark
      • Estonia
      • Finland
      • France
      • Germany
      • Greece
      • Holy See
      • Hungary
      • Iceland
      • Ireland
      • Italy
      • Kosovo
      • Latvia
      • Liechtenstein
      • Lithuania
      • Luxembourg
      • Malta
      • Monaco
      • Montenegro
      • Netherlands
      • North Macedonia
      • Norway
      • Poland
      • Portugal
      • Romania
      • San Marino
      • Serbia
      • Slovakia
      • Slovenia
      • Spain
      • Sweden
      • Switzerland
      • United Kingdom
    • MIDDLE EAST AND NORTH AFRICA
      • Algeria
      • Bahrain
      • Egypt
      • Iran
      • Iraq
      • Israel
      • Jordan
      • Kuwait
      • Lebanon
      • Lybia
      • Morocco
      • Oman
      • Palestinian Territories
      • Qatar
      • Saudi Arabia
      • Syria
      • Tunisia
      • Turkey
      • United Arab Emirates
      • Western Sahara
      • Yemen
    • SOUTH ASIA
      • Afghanistan
      • Bangladesh
      • Bhutan
      • India
      • Maldives
      • Nepal
      • Pakistan
      • Sri Lanka
    • SUB-SAHARAN AFRICA
      • Angola
      • Benin
      • Botswana
      • Burkina Faso
      • Burundi
      • Cabo Verde
      • Cameroon
      • Central African Republic
      • Chad
      • Comoros
      • Cote d’Ivoire
      • Democratic Republic of the Congo
      • Djibouti
      • Equatorial Guinea
      • Eritrea
      • Eswatini
      • Ethiopia
      • Gabon
      • Gambia
      • Ghana
      • Guinea
      • Guinea Bissau
      • Kenya
      • Lesotho
      • Liberia
      • Madagascar
      • Malawi
      • Mali
      • Mauritania
      • Mauritius
      • Mozambique
      • Namibia
      • Niger
      • Nigeria
      • Republic of the Congo
      • Rwanda
      • Sao Tome and Principe
      • Senegal
      • Seychelles
      • Sierra Leone
      • Somalia
      • South Africa
      • South Sudan
      • Sudan
      • Tanzania
      • Togo
      • Uganda
      • Zambia
      • Zimbabwe
    No Result
    View All Result
    Agentially
    No Result
    View All Result
    Home ASIA-PACIFIC Malaysia

    Can Seoul afford free bus rides for seniors?

    The Analyst by The Analyst
    June 21, 2026
    in Malaysia
    Can Seoul afford free bus rides for seniors?


    SEOUL: Seoul is considering free or subsidised bus rides for senior citizens aged 70 and older, expanding the decades-old system of free subway use for those aged 65 and above.

    READ ALSO

    Football: Soccer-Cunha gives Brazil balance as Ancelotti’s diamond begins to shine

    Two Vietnamese women charged in chicken feet smuggling worth US$13mil

    The proposal cleared a Seoul Metropolitan Council committee on Monday (June 15) and is scheduled for a vote at the council’s plenary session on Wednesday (June 17). The subsidy would cover city and neighborhood buses, but exclude express and intercity buses.

    But the plan has drawn opposition from those concerned about the financial burden on a city where 21.2 per cent of the population are senior citizens.

    Debate is growing over whether Seoul can afford another major transportation benefit as its elderly population grows.

    Another potential issue is whether the policy could prompt calls for raising the age threshold for other senior benefits to address rising fiscal pressure.

    Free bus rides come with growing price tag

    The ordinance, introduced by Seoul Metropolitan Council Transportation Committee Chair Lee Byeong-yoon of the People Power Party, would provide the legal basis for the city to establish a senior bus-fare support programme.

    Even if the measure passes the council later this month, free bus rides would not begin immediately.

    The city would still need to determine who qualifies, how much support would be provided and how the programme would be funded.

    The proposal aligns with a campaign pledge made by Seoul Mayor Oh Se-hoon during June’s local elections.

    Supporters argue that the current transportation benefit system leaves some seniors at a disadvantage.

    While subway rides are free for people aged 65 and older, bus rides are not, creating an additional burden for older residents who live farther from subway stations or rely primarily on buses for daily travel.

    Other regions have already implemented similar systems. Daegu began introducing free bus rides for seniors in 2023 and plans to gradually lower the eligibility age from 75 to 70 by 2028.

    Daejeon already offers free bus rides to residents aged 70 and older, while Incheon plans to launch a similar programme for those aged 75 and above this year.

    The challenge, however, is cost. According to estimates by the Seoul Metropolitan Council Secretariat, a universal bus-fare subsidy for all residents aged 70 and older would cost approximately 104.7 billion won (US$68 million) in its first year, assuming implementation begins in 2027.

    As Seoul’s population aged 70 and above is projected to grow from roughly 1.27 million this year to 1.63 million by 2031, annual costs could rise to 127.5 billion won. Total spending over five years is estimated at nearly 579 billion won.

    Those figures are on top of existing transportation subsidies.

    Seoul already operates a semipublic bus system under which the city compensates private bus operators for operating losses.

    The city provided more than 450 billion won in support to bus companies last year.

    Additional financial pressure may also emerge following recent court rulings on ordinary wages, which are expected to increase labour costs across the bus industry.

    Critics question whether the city can sustain another large-scale transportation subsidy while continuing to argue that it cannot shoulder the cost of senior subway benefits.

    Seoul Metro has long maintained that free subway rides for seniors are one of the main drivers of its financial difficulties and has repeatedly called on the central government to help cover the cost.

    According to Seoul Metro, free rides for seniors, people with disabilities and national merit recipients generated transportation losses averaging 364.5 billion won annually over the past five years. The loss reached 448.8 billion won in 2025 alone.

    Some policy experts warn that once a benefit is introduced, it becomes politically difficult to scale back.

    “Cash-type welfare programmes are difficult to reverse once they begin, so policymakers need to proceed cautiously,” said Sohn Jong-pil, a senior researcher at the Fiscal Reform Institute.

    “Simply expanding support without strengthening the public accountability of the semi-public bus system has limitations.”

    Supporters counter that the headline cost estimates may overstate the actual burden.

    The ordinance does not require Seoul to provide unlimited free rides to all seniors aged 70 and older. Instead, it allows the city to determine eligibility criteria and benefit levels.

    That flexibility could enable policymakers to start with low-income seniors, cap the number of subsidised trips, restrict support to certain times of day or provide partial fare discounts.

    A Seoul city official said the measure should be viewed as creating a legal framework rather than mandating immediate universal free rides.

    “The ordinance establishes the institutional basis for the program,” the official said.

    “Discussions remain on who should receive support and what form the programme should take.”

    Could the plan change how seniors are defined?

    Another reason the ordinance has attracted attention is its decision to set the eligibility age at 70 rather than 65.

    South Korea’s official definition of an elderly person remains 65, but growing life expectancy and rapid population aging have fuelled calls to raise the threshold.

    The debate has intensified as governments struggle with the cost of pensions, healthcare and transportation benefits.

    Lee, the city council member who introduced the ordinance, said the 70-year threshold could serve as a reference point for future discussions about subway benefits.

    “There is growing public debate about raising the age for free subway rides from 65 to 70,” Lee said.

    “Setting the threshold at 70 provides one possible guideline for those discussions.” – The Korea Herald/ANN

     

     



    Source link

    Related Posts

    Football: Soccer-Cunha gives Brazil balance as Ancelotti’s diamond begins to shine
    Malaysia

    Football: Soccer-Cunha gives Brazil balance as Ancelotti’s diamond begins to shine

    June 20, 2026
    Two Vietnamese women charged in chicken feet smuggling worth US$13mil
    Malaysia

    Two Vietnamese women charged in chicken feet smuggling worth US$13mil

    June 20, 2026
    Football: Soccer-Ancelotti expects Neymar back for Brazil’s Scotland World Cup showdown
    Malaysia

    Football: Soccer-Ancelotti expects Neymar back for Brazil’s Scotland World Cup showdown

    June 20, 2026
    Malaysia sees 14.44% increase in horseshoe crab landings
    Malaysia

    Malaysia sees 14.44% increase in horseshoe crab landings

    June 20, 2026
    Football: Soccer-Haiti exit World Cup but coach Migne says team proved they belong
    Malaysia

    Football: Soccer-Haiti exit World Cup but coach Migne says team proved they belong

    June 20, 2026
    Next Post

    President Extends Sympathy to Philippines Following Deadly Earthquake

    POPULAR NEWS

    MID successfully concludes national road safety meeting and conference

    MID successfully concludes national road safety meeting and conference

    June 20, 2026
    Kuwaiti student killed in North Carolina attack1m read

    Kuwaiti student killed in North Carolina attack1m read

    June 21, 2026
    Experts: The regular bombing of Ukraine shows a decline in the momentum of the Russian attack

    Experts: The regular bombing of Ukraine shows a decline in the momentum of the Russian attack

    June 21, 2026
    A mosque was built in Helmand at the cost of 32 million Afghanis

    A mosque was built in Helmand at the cost of 32 million Afghanis

    June 21, 2026
    The order of the Taliban leader to create a special unit on the borders of Afghanistan and Pakistan

    The order of the Taliban leader to create a special unit on the borders of Afghanistan and Pakistan

    June 21, 2026

    EDITOR'S PICK

    Colombia will choose Petro’s successor between the options of the left and the extreme right

    Colombia will choose Petro’s successor between the options of the left and the extreme right

    June 20, 2026
    Expat Families Return to UAE as US-Iran Interim Peace Deal Restores Regional Calm and Confidence

    Expat Families Return to UAE as US-Iran Interim Peace Deal Restores Regional Calm and Confidence

    June 20, 2026
    ABYETS Equips Young Entrepreneurs for Success at Upcoming Barbuda Trade Show

    ABYETS Equips Young Entrepreneurs for Success at Upcoming Barbuda Trade Show

    June 21, 2026
    A dramatic story with a titanic hero… A Tunisian cries over the “Eagles of Carthage” and refuses to celebrate

    A dramatic story with a titanic hero… A Tunisian cries over the “Eagles of Carthage” and refuses to celebrate

    June 20, 2026

    Recent Posts

    • Kuwaiti student killed in North Carolina attack1m read
    • Experts: The regular bombing of Ukraine shows a decline in the momentum of the Russian attack
    • A mosque was built in Helmand at the cost of 32 million Afghanis
    • The order of the Taliban leader to create a special unit on the borders of Afghanistan and Pakistan

      © 2026 Agentially - Navigating shifting sovereignties and global risk .

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      No Result
      View All Result

        © 2026 Agentially - Navigating shifting sovereignties and global risk .

        This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.