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pension not deducted from salary...
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newintown



Joined: 01 Jan 2007

PostPosted: Thu May 24, 2007 6:24 am    Post subject: pension not deducted from salary... Reply with quote

my director is a very rich and shady character. despite numerous attempts to convince him that we are paying too much tax (3.5% on 2.1), he has fobbed us off with BS excuses about an agreement he has with the government, and our higher tax being tied in with our health? ridiculous.
when we confronted him with facts from the national tax service he got quite nasty & ended up deducted allsorts from our next pay packet, i think as punishment.
anyway.... i have noticed amongst other posters that he/we should both be contributing to a pension scheme which we are not.
am i going to get stung on my departure?
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yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Thu May 24, 2007 6:41 am    Post subject: Reply with quote

Well then get to work on him. Stand up to him. Shout if you have to. If that doesn't work go to the pension, tax, health offices. Tell him that you're going to go to these offices and that you don't appreciate him cheating you. Call in sick one day. Say, "Listen you little fk. Don't push me around you fkn nazi."
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Donkey Beer



Joined: 20 Jul 2006

PostPosted: Thu May 24, 2007 6:45 am    Post subject: Reply with quote

I had a rich and shady boss just like this one. The utility bills fluctuated greatly from month to month. Sometimes heat would go up to as high as 70,000.

He wasn't paying into medical or health either. The easiest way is to ask for your letter of release. If he refuses, threaten to report him.

Waging a war with an employee who has nothing to lose is ill advised for your rich boss.
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sconner



Joined: 26 Jan 2006
Location: South Carolina

PostPosted: Thu May 24, 2007 10:49 am    Post subject: Reply with quote

Before you go after the pension, what country are you from? If you're North American you get it back, I'm not sure about other countries. As for getting him to pay, if he won't be reasonable report him to the pension office and have him investigated. He'll get fined and get mad, but you'll get your pension and he might stop screwing around once he knows you'll stand up to him.
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ChuckECheese



Joined: 20 Jul 2006

PostPosted: Thu May 24, 2007 1:33 pm    Post subject: Reply with quote

Don't take the screwing. If your boss shouts, shout him back.

Show the ass-hole some backbone. If you know he's cheating you, be prepared to report him to appropriate government agency and make threats.
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blackjack



Joined: 04 Jan 2006
Location: anyang

PostPosted: Thu May 24, 2007 1:44 pm    Post subject: Reply with quote

If you are a NZer or australian you might want to keep quiet as you will not get the pension money back. take the small hit from your boss and save yourself from the bigger hit from the government.
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icicle



Joined: 09 Feb 2007
Location: Gyeonggi do Korea

PostPosted: Thu May 24, 2007 3:18 pm    Post subject: Reply with quote

blackjack wrote:
If you are a NZer or australian you might want to keep quiet as you will not get the pension money back. take the small hit from your boss and save yourself from the bigger hit from the government.


Not totally true for Australians ... From July 2008 Australians will be able to get their pension money back ... in the same way as Canadians and Americans can now ... And this is retrospective ... So even if we finish before July 2008 we will be able to get the pension money back in July 2008. This is a result of the Korean / Australian Social Security agreeement from earlier this year.

Icicle
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JD1982



Joined: 19 Apr 2007

PostPosted: Thu May 24, 2007 3:48 pm    Post subject: Reply with quote

icicle wrote:
blackjack wrote:
If you are a NZer or australian you might want to keep quiet as you will not get the pension money back. take the small hit from your boss and save yourself from the bigger hit from the government.


Not totally true for Australians ... From July 2008 Australians will be able to get their pension money back ... in the same way as Canadians and Americans can now ... And this is retrospective ... So even if we finish before July 2008 we will be able to get the pension money back in July 2008. This is a result of the Korean / Australian Social Security agreeement from earlier this year.

Icicle


Horay for Aussies!

I guess it's time for all of you to demand pension from hagwon bosses (retroactively). Razz
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freethought



Joined: 13 Mar 2005

PostPosted: Thu May 24, 2007 3:55 pm    Post subject: Reply with quote

I've dealt with a similar situation before, but what I don't seem to understand is why you're complaining about him not TAKING MONEY FROM YOU TO PUT INTO A PENSION YOU'LL NEVER USE....

If he's not making a deduction from your pay as a contribution, it means you already have the money; nothing to complain about.

I'd go after him on the healthcare issue, but again, if he offers to pay for anything that occurs, or pays for half, then that's a judgement call you'll have to make as to whether or not you want to push.
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soju pizza



Joined: 21 Feb 2007

PostPosted: Thu May 24, 2007 3:59 pm    Post subject: Reply with quote

Because you get your half back along with his half when you leave the country. I don't remember the numbers, but I think his half should equal around 800,000 won or more for one year.
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willneverteachagain



Joined: 17 Dec 2006

PostPosted: Thu May 24, 2007 5:40 pm    Post subject: Reply with quote

Quote:
he got quite nasty & ended up deducted allsorts from our next pay packet, i think as punishment


this is so illegal i dont even know where to start. that would have been my last day i can tell u that
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newintown



Joined: 01 Jan 2007

PostPosted: Thu May 24, 2007 6:07 pm    Post subject: Reply with quote

i'm from the UK. i can cope with not paying into it, i'm not arsed, but i don't want it coming back on me later.
i absolutely HATE this man, he is the only thing i really dislike about korea, if it wasn't for him and his various underhand dealings i would be on top of the world. i get so down about being treated like this.
anyway. cheers for the advice. its really complicated, so i am resigned to put up & shut up.
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Big Mac



Joined: 17 Sep 2005

PostPosted: Thu May 24, 2007 7:31 pm    Post subject: Reply with quote

freethought wrote:
I've dealt with a similar situation before, but what I don't seem to understand is why you're complaining about him not TAKING MONEY FROM YOU TO PUT INTO A PENSION YOU'LL NEVER USE....

If he's not making a deduction from your pay as a contribution, it means you already have the money; nothing to complain about.

I'd go after him on the healthcare issue, but again, if he offers to pay for anything that occurs, or pays for half, then that's a judgement call you'll have to make as to whether or not you want to push.


Are you dumb? Do you realize how much money you are losing by NOT paying into the pension plan? If you really think that the money will just go into a big black hole then you haven't been reading very carefully.

All the money you pay into pension is matched by your employer. Let's say you contribute 100,000 Won a month. That's 200,000 Won a month going into the pension fund. Let's say you stay here for a year. That means you've contributed 1.2 million Won and so has your employer. You make a simple application at the pension office (if you're Canadian, American or Australian) and you get ALL the money back....2.4 million Won.

So if you don't pay into pension, you would lose 1.2 million Won of money you would never see otherwise. If you can't see the logic in that, then you're hopeless.
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icicle



Joined: 09 Feb 2007
Location: Gyeonggi do Korea

PostPosted: Thu May 24, 2007 7:37 pm    Post subject: Reply with quote

freethought wrote:
I've dealt with a similar situation before, but what I don't seem to understand is why you're complaining about him not TAKING MONEY FROM YOU TO PUT INTO A PENSION YOU'LL NEVER USE....

I.


The reason why the pension is an issue is because half of the money paid into the pension is paid by us and the other half is paid by our employer. So effectively we double our money... Him not taking the money out of the pay to pay into the pension means that he is also not paying what he should be paying ... So the employee does lose out ...

Icicle
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wylies99



Joined: 13 May 2006
Location: I'm one cool cat!

PostPosted: Thu May 24, 2007 8:15 pm    Post subject: Reply with quote

OP- Do you have all of your paystubs? Take the contract and the paystubs and go to your local pension office. Talk to the nice man at that office about what is happening. Also, stop by the tax office to make sure those monies withheld have been paid. This will show your boss that you are serious about the issue. After you do these things, then post an update. Wink

Oh, and as for the yelling- yell back. You can raise your voice to your boss. Just don't make threats or lose control.
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