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Pension exemption and South Africans.

 
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Adobe



Joined: 02 Jul 2007
Location: SK

PostPosted: Wed Mar 19, 2008 1:17 am    Post subject: Pension exemption and South Africans. Reply with quote

This was on the board a while back, does anyone have a Korean and English version i can print and show my coteacher/admin? There is confusion on thier part as to my pension status. (my coteacher didn't understand the info i had with me in regards to South African exemption.)

Thanks for your help.

Adobe
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Mar 19, 2008 1:53 am    Post subject: Re: Pension exemption and South Africans. Reply with quote

Adobe wrote:
This was on the board a while back, does anyone have a Korean and English version i can print and show my coteacher/admin? There is confusion on thier part as to my pension status. (my coteacher didn't understand the info i had with me in regards to South African exemption.)

Thanks for your help.

Adobe


Did you look on the pension website for the specifics?

http://www.nps.or.kr/

I couldn't find information on treaty with South Africa.
http://www.nps.or.kr/jsppage/english/agreement/agreement_01_01.jsp#btn02
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Otherside



Joined: 06 Sep 2007

PostPosted: Wed Mar 19, 2008 1:58 am    Post subject: Reply with quote

It's on that site.

Click on "National Pension scheme" on the left, and then click on "Foriengers and lump-sum refund' on the sub-menu. About 3 paragraphs down it says "Who is exluded from coverage"

"Those nationals whose country does not mandatorily cover Korean citizens under its pension scheme.
=> Under this rule, only the nationals from the following 17 specified countries ※ do not have to enroll
and pay the NPS contributions.
the Republic of South Africa, Nepal, Maldives, Myanmar, Bangladesh, Vietnam, Saudi Arabia,
Armenia, Ukraine, Ethiopia, Iran, Egypt, Tonga, Pakistan, Fiji, Cambodia, Singapore "

However, this is just in English, I have NO clue how to navigate the Korean site, and the PDFs I've downloaded have this same infomation in English (again, I can't navigate the Korean page).

When I explained this to my PS, they seemed to understand - I guess I'll know for sure when I don't see a pension deduction on my payslip come the 25th.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Mar 19, 2008 2:16 am    Post subject: Reply with quote

Thanks for that.
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Adobe



Joined: 02 Jul 2007
Location: SK

PostPosted: Wed Mar 19, 2008 2:24 am    Post subject: Reply with quote

Ttompatz and otherside thanks for the advice. Showed my coteacher the website(nps) but that didn't seem to register with her. Any further advice appreciated...

Adobe
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Mar 19, 2008 2:26 am    Post subject: Reply with quote

Adobe wrote:
Ttompatz and otherside thanks for the advice. Showed my coteacher the website(nps) but that didn't seem to register with her. Any further advice appreciated...

Adobe


You can always call the pension office during business hours @1355 from any landline phone.

They also have a phone number (in Seoul) for foreigners posted on the English page.
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Adobe



Joined: 02 Jul 2007
Location: SK

PostPosted: Wed Mar 19, 2008 2:39 am    Post subject: Reply with quote

Thanks ttompatz, is there a english translation service(phone wise) for those of us in the sticks?

Adobe
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TeeBee



Joined: 18 Oct 2007

PostPosted: Wed Mar 19, 2008 2:46 am    Post subject: Reply with quote

The NPS has a pdf guide for foreigners hidden somewhere on their website. You can find a copy here: http://safkorea.wordpress.com/downloads/

It's called "Korean pension guide for foreigners". The first page is in Korean, the second in English. SA is listed as the first country which is exempt from pension fund payments.

I printed this out and showed it to my co-teacher. Problem solved.
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yingwenlaoshi



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

PostPosted: Wed Mar 19, 2008 2:56 am    Post subject: Reply with quote

This country needs an enema.
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