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pocariboy73
Joined: 23 Jan 2003
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 Posted: Wed Dec 03, 2003 3:21 pm Post subject: National Pension Question |
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My employer has been deducting 70,000 won per pay check from my salary towards the pension. I phoned the pension office and they have record of my name but my employer has not deposited nor matched any of my contributions to date.....this has been 9 months now. After bringing this up with my director, she said that the hagwon will deposit all money at the end of the contract and pay the late-penelty fee.
Shall this be cause to worry? Or this normal? Not sure what I should do......
Thank you in advance |
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blah
Joined: 08 May 2003
Location: Ulsan, Korea
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| Posted: Thu Dec 04, 2003 6:41 am Post subject: |
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I would say this is cause to worry.
This is not normal. and this is illegal
I suggest you visit: www.efl-law.com Then go to the forum.
If there are fewer than 5 employees at your school, you don't have to pay into the pension plan at all. |
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