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  • Seoul’s encore career fellowship program helps 50+ generations find new jobs in social enterprises

  • SMG 181
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    • –Seoul to operate the 50+SE(Social Economy) fellowship program for retirees aged over 50
    • –This social contribution job creation program links participating citizens over 50 to social enterprises that need them
    • –Seoul 50 Plus Foundation to make cooperative agreements with Hanwha Life Insurance and Joyful Union for concerted efforts to increase jobs in social economic field and establish a model of Korea’s encore career program

    SEOUL, SOUTH KOREA, March 22, 2018 – The Seoul Metropolitan Government increases social economic jobs to help the middle-aged citizens make their way up once again.

    The Seoul 50 Plus Foundation, an organization to support those aged over 50, will provide 50+Social Economic Fellowship program to encourage the 50-plus generation to make full advantage of their experiences and expertise. This social contribution job creation program links participating citizens over 50 to social enterprises that need them.

    Linked to “Encore Career,” the Fellowship program is designed to support retirees. Currently in developed countries including the United States, many senior citizens actively participate in the fellowship programs to work with non-profit organizations.

    ※ “Encore Career” was firstly introduced in a book titled “Encore,” written by Marc Freeman, the founder of non-profit organization Civic Ventures, to describe the second act that utilizes the skills people have accrued throughout life and that can even have a positive impact on the world.

    Together with “50+NPO (Non-Profit Organization)” fellowship program that has been conducted since last year, “50+SE (Social Economy)” program will be operated this year. To do so, the Seoul 50 Plus Foundation will make cooperative agreements with Hanwha Life Insurance and Joyful Union at 10:30 a.m. on March 23, 2018, at a conference room of the Foundation.

    According to the agreement, the three organizations will make concerted efforts to expand the number of jobs in the social economic field especially for the 50+ citizens. For a full range of operations of the program, they will be involved in selecting participating citizens and companies, gathering job information, holding matching days, accompanying job interviews and providing other needed supports.

    Among participants, no more than 15 who successfully perform the 50+SE fellowship program will be selected for three-month intensive internship program. The Seoul 50 Plus Foundation and the two organizations will also help those who complete the both programs find new jobs in social enterprises.