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Ut videam
Joined: 07 Dec 2007
Location: Pocheon-si, Gyeonggi-do
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 Posted: Fri Sep 05, 2008 8:39 pm Post subject: "Statute of limitations" on unpaid pension (etc.) |
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Using the information provided in another post, I checked my pension account balance.
Fortunately, my current employer, a private university, has been paying into the fund at the appropriate rate (9% - 4.5% withheld from my paycheck, and 4.5% matching employer contribution).
Unfortunately, my previous employer (November 2006�December 2007) didn't contribute squat.
How long after the fact will the NPS go after an employer for their pension contribution? Like I said, I last worked there in December of last year.
Also, I know that if I want them to take up the issue, I have to bring them verification of my income. I didn't get a pay slip every month, but I do have them for some months. I also faithfully recorded my monthly pay in a spreadsheet for US tax reporting purposes. Finally, I have my bankbook with deposits corresponding to my spreadsheet entries. Will this be sufficient proof?
Finally, I know that if I do this, I'll have to pay my share up front before they'll go after the wonjang. I don't have a problem with this; he never deducted my share from my salary either (I checked), and shelling out 1 million won to get back 2 million when I leave is a smart move in my book.
Any advice or suggestions from people who have been through this process in the past?
Last edited by Ut videam on Sun Sep 07, 2008 4:33 am; edited 2 times in total |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri Sep 05, 2008 9:33 pm Post subject: |
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you can go back for up to 2 years.
You prepay your premiums and they chase after your old employer for his.
You need to prove you were an employee there and worked more than 80 hours per month. |
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Ut videam
Joined: 07 Dec 2007
Location: Pocheon-si, Gyeonggi-do
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| Posted: Fri Sep 05, 2008 9:44 pm Post subject: |
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Thanks ttom... Just to clarify, is it 2 years from the conclusion of my work there, or 2 years from the first month when pension contributions were not made?
As I mentioned, I started working there in November 2006. I was there over a year ('til mid-December 2007), and no pension contributions were made during that period. If I wait 'til January or February to file with the pension service, will I lose the opportunity to collect the unpaid pension contributions for November and December 2006? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri Sep 05, 2008 10:39 pm Post subject: |
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| Ut videam wrote: |
Thanks ttom... Just to clarify, is it 2 years from the conclusion of my work there, or 2 years from the first month when pension contributions were not made?
As I mentioned, I started working there in November 2006. I was there over a year ('til mid-December 2007), and no pension contributions were made during that period. If I wait 'til January or February to file with the pension service, will I lose the opportunity to collect the unpaid pension contributions for November and December 2006? |
I believe it is 2 years from the date of your notification to them.
You can go back up to 2 years from now.
Anything before that is lost.
That is my interpretation - and past history....
If the pension office does something different in this case, I would love to hear the specifics of it.
File now/soon or lose nov/dec 2006.
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Ut videam
Joined: 07 Dec 2007
Location: Pocheon-si, Gyeonggi-do
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| Posted: Sun Sep 07, 2008 4:36 am Post subject: |
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| ttompatz wrote: |
| You need to prove you were an employee there and worked more than 80 hours per month. |
What kind of documentation works for this?
Also, there's an NPS office in my neighborhood (I live in far northeastern Gyeonggi-do). My former employer is in Gyeongsangbuk-do. Can I file here, or do I have to go back to my old stomping grounds? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Sun Sep 07, 2008 5:29 am Post subject: |
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| Ut videam wrote: |
| ttompatz wrote: |
| You need to prove you were an employee there and worked more than 80 hours per month. |
What kind of documentation works for this?
Also, there's an NPS office in my neighborhood (I live in far northeastern Gyeonggi-do). My former employer is in Gyeongsangbuk-do. Can I file here, or do I have to go back to my old stomping grounds? |
You should be able to do it at any pension office and proof of employment could be a contract (better if it has their stamp on it), pay slips, certificate of employment, etc. |
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hagwonnewbie
Joined: 09 Feb 2007
Location: Asia
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| Posted: Thu Dec 18, 2008 8:13 am Post subject: |
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| How about a bank book? Wouldn't that be proof that you are an employee? |
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