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employment insurance

 
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Sash



Joined: 08 Aug 2006
Location: farmland

PostPosted: Thu Apr 12, 2007 10:24 pm    Post subject: employment insurance Reply with quote

Does anyone have (un)employment insurance deducted from their payslips? I was wondering what it was, since I am paying for it. Is it mandatory?
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ChuckECheese



Joined: 20 Jul 2006

PostPosted: Fri Apr 13, 2007 12:28 am    Post subject: Re: employment insurance Reply with quote

Sash wrote:
Does anyone have (un)employment insurance deducted from their payslips? I was wondering what it was, since I am paying for it. Is it mandatory?


If you have E-2 visa you are not required to pay unemployment insurance because your job is tied to your E-2 visa. No work, no visa, thus, you'll never see your unemployment benefit if you're out of job.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Fri Apr 13, 2007 4:51 am    Post subject: Re: employment insurance Reply with quote

Sash wrote:
Does anyone have (un)employment insurance deducted from their payslips? I was wondering what it was, since I am paying for it. Is it mandatory?


IF you are on an E1/E2/E7 you are exempt.

IF you are on an F-series visa you get to pay.
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prairieboy



Joined: 14 Sep 2003
Location: The batcave.

PostPosted: Fri Apr 13, 2007 2:44 pm    Post subject: Reply with quote

The others are right.

I'm on an F2 visa. The first month after switching from my E2 to the F2 visa I started getting charged employment insurance. It came to just under 11,000 won per month for me.
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justin moffatt



Joined: 29 Aug 2006

PostPosted: Sat Apr 14, 2007 11:55 pm    Post subject: Reply with quote

Does that mean if one is on a F series Visa and is paying Employment Insurance, one can collect Employment Insurance at a later date?
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ChuckECheese



Joined: 20 Jul 2006

PostPosted: Sun Apr 15, 2007 12:01 am    Post subject: Reply with quote

justin moffatt wrote:
Does that mean if one is on a F series Visa and is paying Employment Insurance, one can collect Employment Insurance at a later date?


I suppose so. Only if you were fired, laid-off, or hagwon went out of business.
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