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| Is national pension and medical being deducted from your paycheque each month? |
| Just pension. |
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0% |
[ 0 ] |
| Just medical. |
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10% |
[ 3 ] |
| Both. |
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73% |
[ 22 ] |
| Neither of these are deducted from my paycheque. |
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16% |
[ 5 ] |
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| Total Votes : 30 |
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World Traveler
Joined: 29 May 2009
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 Posted: Wed Jan 20, 2010 7:08 am Post subject: |
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| Is it legal for a hagwon to classify an E-2 as a business contractor in order to avoid paying into pension and National Health Insurance? It seems as though many are doing it and getting away with it. |
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.res.ipsa.loquitor
Joined: 16 Oct 2008
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| Posted: Wed Jan 20, 2010 5:57 pm Post subject: |
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Thanks very much for clearing that up. Those were my suspicions all along.
However, I'd like to hear more from people who DO NOT have pension and medical deducted. Why is this? Are you on an E2 visa? Did you make some sort of arrangement with your school? Are you losing money because of it? |
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hari seldon
Joined: 05 Dec 2004
Location: Incheon
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| Posted: Wed Jan 20, 2010 6:55 pm Post subject: |
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| socratesocks wrote: |
| I've been here for 4 months and my school takes out neither pension or insurance. Frankly, I'd rather not have insurance, the doctors here are cheap enough without it and I lived in the US without insurance for the past 4 years which is far larger risk... |
Unless you're independently wealthy and can self-insure, it's a foolish gamble to go without health insurance. Anybody could get hit by a truck or develop cancer or something. |
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socratesocks
Joined: 18 Mar 2009
Location: Gwangju, Met City
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| Posted: Wed Jan 20, 2010 9:13 pm Post subject: |
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| Anyone could get hit by a truck, but does that justify the expense of health insurance. In a country where that would bankrupt you five ways from Sunday it's a pretty big risk, but one that I'm comfortable taking (living is a risky business), but in a country where a week's stay in a hospital is about 2000 it's unnecessary from my POV. It's just a subject that you have to judge that on your personal risk/reward value matrices. I just want to say thank you for the help, I now have all the ammo I need to go and get my pension. |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Wed Jan 20, 2010 10:39 pm Post subject: |
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| socratesocks wrote: |
| Anyone could get hit by a truck, but does that justify the expense of health insurance. In a country where that would bankrupt you five ways from Sunday it's a pretty big risk, but one that I'm comfortable taking (living is a risky business), but in a country where a week's stay in a hospital is about 2000 it's unnecessary from my POV. It's just a subject that you have to judge that on your personal risk/reward value matrices. I just want to say thank you for the help, I now have all the ammo I need to go and get my pension. |
Health insurance is only about 2.54% of your monthly salary. And since the two are tied, you might not be able to get your pension without back paying anyway. |
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