Korean Job Discussion Forums

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hi all,

if any of the forum experts could please advise.

i had pension and NHIC insurance written into my 1st year hogwan contract, but i didn't apply to get these benefits.

im starting at a new hogwan for my 2nd year. im wondering, if i now apply for pension and NHIC - will these both be backdated to day 1 of my first contract?

in other words, will i be entitled to pension payments for 1st year, and would i be liable to pay NHIC contributions for 1st year?

thanks for any answers

[depth]

can anyone advise please?

thanks

[OculisOrbis]

do you want it to be retro to the start of your first contract?

[Young FRANKenstein]

[depth]

Young FRANKenstein,

thank you for the help.

can i please ask,

if my new school contract does not include pension and NHIC....CAN i still claim pension for 1st year,? and what happens regarding NHIC for the 2nd contract?

thanks for any answers

[OculisOrbis]

assuming you are on an e-2 visa, you are required by law to be enrolled and contribute to both health and pension - regardless of what your contract says.

also, if you actually convince/force your employer to enroll you, make sure you call to verify the amount of income they are reporting for you and to make sure they making the contributions. contributions for pension are usually made quarterly.

many employers will under report your income by more than half, reducing the contributions ie their expense, but will continue to take deductions based on the full income. essentially, they are stealing from you and commiting fraud to the government.

dont take their word on anything, always verify it yourself.

[Young FRANKenstein]