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).…
On Thursday, the National Assembly approved a revised bill that introduces profit-based penalties for companies involved in fatal workplace accidents. The Occupational Safety and Health Act was amended and passed with a vote of 161-52, despite six members abstaining. The main opposition People Power Party (PPP) objected to the measure, arguing that the five percent fine on a company's operating profit for each incident involving three or more worker deaths could be overly burdensome.
The Democratic Party of Korea (DPK), the ruling party, criticized the PPP for allegedly protecting corporate interests over worker safety. The PPP spokesperson, Rep. Choi Soo-jin, stated that the party opposed the bill due to the financial strain it would impose on businesses.
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.
This story
This is one outlet's version. Read the fullest account.
