Nat'l Assembly passes bill introducing profit-based penalties over workplace deaths
The National Assembly on Thursday passed a revised bill imposing financial penalties on companies over fatal industrial accidents to better protect workers and strengthen workplace safety. The revision to the Occupational Safety and Health Act passed in a 161-52 vote with six abstentions during a parliamentary plenary session, despite objections from the main opposition People Power Party (PPP).…
The National Assembly approved a revised bill on Thursday, imposing financial penalties on companies for industrial accidents that result in the death of three or more workers within a year. This bill, which aims to enhance worker safety and reinforce workplace regulations, passed with a vote of 161-52, leaving six members abstaining.
The opposition People Power Party (PPP) initially opposed the bill, arguing that the proposed five percent fine on a company's operating profit would be too burdensome. The Democratic Party of Korea (DPK) countered by accusing the PPP of blocking the bill in favor of corporate interests over worker protection.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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