Supplementary Provisions, Article 3

①In light of the current budget status and projections report prescribed in Article 4-3, paragraph (1) of the National Pension Act and the current budget status and projections report prescribed in Article 2-4, paragraph (1) of the Employees' Pension Insurance Act for 2024, and in order to ascertain future changes in social and economic conditions when continuing to conduct the review under Article 2, paragraphs (1) and (3) of the Supplementary Provisions of the 2020 Amendment Act, the period from the fiscal year following the fiscal year that includes the date of promulgation of this Act until the fiscal year following the fiscal year that includes the day on which the current budget status and projections report prescribed in Article 2-4, paragraph (1) of the Employees' Pension Insurance Act is first prepared on or after that day (referred to in the following paragraph as the "fiscal year in which the next projections report is prepared") is, notwithstanding the provisions of Article 34, paragraphs (1) and (2) of that Act, the term under adjustment prescribed in paragraph (1) of that Article. In this case, in the provisions of that Act set forth in the left-hand column of the following table, the terms set forth in the middle column of that table are deemed to be replaced respectively with the terms set forth in the right-hand column of that table, and any other necessary replacement of terms is specified by Cabinet Order.