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Can I still get my pension if I bail?
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fakeplastiktree



Joined: 15 Oct 2007
Location: Northeast Seoul
PostPosted: Sun Dec 07, 2008 10:58 pm    Post subject: Can I still get my pension if I bail? Reply with quote
I'm in an extremely sticky situation with my employer. I've only got a couple months left on my contract and they're trying to screw me out of money.

Anyway, without getting into all the details, I'm just wondering -- if I flee the country and get blacklisted, can I still get my pension money back?
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DCJames



Joined: 27 Jul 2006
PostPosted: Mon Dec 08, 2008 12:19 am    Post subject: Reply with quote
If your employer has been contributing pension benefits as he promised in your contract, you can get your pension by dealing directly with the pension office.

Blacklist? There is no such thing as a blacklist held by immigration. This country can't even enforce basic traffic laws, how the hell is it going to keep a blacklist??
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wylies99



Joined: 13 May 2006
Location: I'm one cool cat!
PostPosted: Mon Dec 08, 2008 12:47 am    Post subject: Reply with quote
There's no blacklist except for convicted criminals.

Are you sure your school has been paying into the pension plan? You should visit the pension office with your ARC and check this BEFORE you make any decisions about a runner. Wink
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Big Mac



Joined: 17 Sep 2005
PostPosted: Mon Dec 08, 2008 2:57 am    Post subject: Reply with quote
In order to apply for the pension refund you need a plane ticket and I think you also need a letter from your school stating your end date. You basically have to prove to the pension office that you are leaving the country and not planning to come back. That's if you plan to apply for the refund before you leave Korea.

You can apply for the refund in your home country. However, the process is much more complicated and can take a very long time. I don't know about the US, but in Canada it can take over a year to get your money.

If you apply for the refund before you leave Korea, you should have the money in your home bank account in about a month.

If I were you, I would call the pension office and ask for their advice on what you should do. They have an English hotline, but I don't have the number handy at the moment.
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Tobias



Joined: 02 Jun 2008
PostPosted: Mon Dec 08, 2008 6:31 am    Post subject: Another different story Reply with quote
Big Mac wrote:
....I think you also need a letter from your school stating your end date....


Can someone confim the above? I need to know if it's true. I'd prefer to slip away in the middle of the night without my school knowing, at least not until I'm on the ground in San Francisco. I was told here I could go to the pension office in Seoul with my ARC, passport, US bank info, and plane ticket and I'd be set. I assume I'd need to bring my contract as well. My school wouldn't need to be involved and wouldn't be contacted.

True? Not true? Set me straight here, people.
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Big Mac



Joined: 17 Sep 2005
PostPosted: Mon Dec 08, 2008 4:00 pm    Post subject: Reply with quote
I wouldn't rely on any information from here anyway.

If you want solid information, call the pension office at 1355. They usually have an English speaking person you can speak to.
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Tobias



Joined: 02 Jun 2008
PostPosted: Mon Dec 08, 2008 4:11 pm    Post subject: Hit or miss Reply with quote
Big Mac wrote:
I wouldn't rely on any information from here anyway.

If you want solid information, call the pension office at 1355. They usually have an English speaking person you can speak to.


Yes, this site seems to mirror some teaching strategies--'hit or miss'.

I'll dial up 1355 and get the scoop from the horse's mouth. At least one version of the scoop, anyway.
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ChinaBoy



Joined: 17 Feb 2007
PostPosted: Mon Dec 08, 2008 10:33 pm    Post subject: Reply with quote
I went into the office in Yatap, no problem, very fast.

They said they didn't need to see plane tickets or anything, BUT would not release my money until they could confirm that I had indeed left the country. So I guess they've got some kind of check at IMMI to make sure you leave (then you get the money).

I had it deposited into my Korean bank account, took a couple weeks.

If you're planning on coming back anyway, there's no point in taking it out. I had some stuff from 2002 still in there (I guess getting some interest).
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Tobias



Joined: 02 Jun 2008
PostPosted: Tue Dec 09, 2008 5:38 pm    Post subject: That makes sense Reply with quote
ChinaBoy wrote:
I went into the office in Yatap, no problem, very fast.

...BUT would not release my money until they could confirm that I had indeed left the country. So I guess they've got some kind of check at IMMI to make They said they didn't need to see plane tickets or anythingsure you leave (then you get the money)...



Hmm. Once again the fog moves in and obscures the truth. Since I've been here, I've always been told one MUST show the plane ticket. China, your post makes more sense than anyone's, however, as the NPO always confirms one's immy status before wiring the green. It sounds as though you really only need your ARC (for the ID number) and your home bank account number to get the process started. The NPO will confirm later that you've left and then move to the second, final step.
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T-J



Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae
PostPosted: Tue Dec 09, 2008 5:45 pm    Post subject: Re: Another different story Reply with quote
Tobias wrote:
Big Mac wrote:
....I think you also need a letter from your school stating your end date....


Can someone confim the above? I need to know if it's true. I'd prefer to slip away in the middle of the night without my school knowing, at least not until I'm on the ground in San Francisco. I was told here I could go to the pension office in Seoul with my ARC, passport, US bank info, and plane ticket and I'd be set. I assume I'd need to bring my contract as well. My school wouldn't need to be involved and wouldn't be contacted.

True? Not true? Set me straight here, people.


Leaving so soon Tobias?