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E2 to F2 visa. What happens to the pension?

 
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beast



Joined: 28 Jan 2003

PostPosted: Thu Feb 14, 2008 12:24 am    Post subject: E2 to F2 visa. What happens to the pension? Reply with quote

If a person has been paying in for a number of years to the pension program while holding an E2 visa, then gets married and gets an F2 visa, is there any paperwork to fill out in regards to the pension? Do you have to collect the old pension money first and then start fresh on the F2 visa?
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Feb 14, 2008 1:34 am    Post subject: Re: E2 to F2 visa. What happens to the pension? Reply with quote

beast wrote:
If a person has been paying in for a number of years to the pension program while holding an E2 visa, then gets married and gets an F2 visa, is there any paperwork to fill out in regards to the pension? Do you have to collect the old pension money first and then start fresh on the F2 visa?


It just continues until you file for a refund (leaving Korea on a one way ticket) or it has accumulated for 10 years (and you are vested and have to wait for retirement).
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IlIlNine



Joined: 15 Jun 2005
Location: Gunpo, Gyonggi, SoKo

PostPosted: Thu Feb 14, 2008 1:39 am    Post subject: Reply with quote

Yeah. In short: nothing. No change.
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beast



Joined: 28 Jan 2003

PostPosted: Thu Feb 14, 2008 10:07 pm    Post subject: Reply with quote

Thank you TTOMPATZ
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marlow



Joined: 06 Feb 2005

PostPosted: Fri Feb 15, 2008 12:26 am    Post subject: Re: E2 to F2 visa. What happens to the pension? Reply with quote

ttompatz wrote:
beast wrote:
If a person has been paying in for a number of years to the pension program while holding an E2 visa, then gets married and gets an F2 visa, is there any paperwork to fill out in regards to the pension? Do you have to collect the old pension money first and then start fresh on the F2 visa?


It just continues until you file for a refund (leaving Korea on a one way ticket) or it has accumulated for 10 years (and you are vested and have to wait for retirement).


Do you have a link to the ten year rule?
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