Draft Labor Code issued

Some contents that draw public interest include the increase of working hours from 300 hours to 400 hours per year and raising the retirement age.

Two options have been given out. The first is to raise men's retirement age this year to 60 years and 3 months; women to 55 years and 4 months and annual increases by 3 months for men and 4 months for women until men retire at 62 years old and women at 60.

The second option is to raise the retirement age of male workers to 60 years and 4 months and those of female workers to 55 years and 6 months old and annual increases by 4 months for men and 6 months for women until they reach 62 and 60, respectively. One more holiday is proposed, which is the War Invalids and Martyrs Day July 27.