Korean Job Discussion Forums

normalcyispasse · Posted: Tue Feb 12, 2008 2:18 am Post subject: How long for a pension refund?

I'm scheduled to get the hell out of Dodge on March 2nd after my contract ends on February 29th. Today I went down to the pension office and filed for my hard-earned refund. I supplied them all the relevant bank and personal information. Then the lady told me that the money should be deposited in my account by March 30th.

. . .March 30th? Does it normally take 6 weeks to get a pension refund?

spliff · Joined: 19 Jan 2004 Location: Khon Kaen, Thailand

Usually only about two weeks has been my experience.

normalcyispasse · Posted: Tue Feb 12, 2008 2:53 am Post subject:

That's kind of what I thought. Problem is -- and I've been afraid of this -- if a SNAFU occurs while I'm in America, I'm basically up sh!t creek. I don't trust my school with more than one red shipwon, so I'm crossing my fingers that at least NPS has its game together.

SeoulShakin · Joined: 05 Jan 2006 Location: Seoul

I leave March 2nd as well, and went to the pension office today.
She also told me the end of March.

Last year I was told it would take about a month, but it arrived 2.5 weeks later.

Maybe I'll see you at the airport. Smile

normalcyispasse · Posted: Tue Feb 12, 2008 3:46 pm Post subject:

georgewallas · Joined: 26 Nov 2007

If you have an international ATM card, you can have it transferred into a Korean bank account, and withdraw it. It takes about 1 week.

Jarome_Turner · Joined: 10 Sep 2004

I'm leaving march 4th and was told I'd have my refund about 2 weeks after I leave.
I was told you can no longer have your refund deposited into a Korean account.