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Does the Pension Office Contact Your School?

 
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hellakitty



Joined: 15 Sep 2007
Location: Variable

PostPosted: Tue Mar 22, 2011 7:36 pm    Post subject: Does the Pension Office Contact Your School? Reply with quote

Like a good girl I did my research on getting my pension back and I am all ready to go to the office myself when the time comes. As far as I know I don't need my school for anything (not that they would help anyway) but will the pension office notify the school if I have filed? And what kind of information would they give them if they did? To say the least I have a pretty bad situation going on and I don't want my school to know where or when I am going when I leave Korea. Anyone been in a similar situation?
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SMOE NSET



Joined: 25 Feb 2010
Location: Seoul

PostPosted: Tue Mar 22, 2011 7:57 pm    Post subject: Reply with quote

Are you pulling a runner?

You could always just file for the pension return from your home country.
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Who's Your Daddy?



Joined: 30 May 2010
Location: Victoria, Canada.

PostPosted: Tue Mar 22, 2011 8:36 pm    Post subject: Reply with quote

The will call the school to see if you stopped work. They did it in front of me.
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hellakitty



Joined: 15 Sep 2007
Location: Variable

PostPosted: Wed Mar 23, 2011 6:18 am    Post subject: Reply with quote

Who's Your Daddy? wrote:
The will call the school to see if you stopped work. They did it in front of me.


Invaluable information - thanks!

SMOESNET - I technically am; I would happily give notice if I didn't think my boss would screw me from all sides. Anyone have any idea of the wait times for filing from home these days? I heard it was a year. I am not in a huge rush to get the money just want what I am entitled to.
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lifeinkorea



Joined: 24 Jan 2009
Location: somewhere in China

PostPosted: Fri Mar 25, 2011 1:49 pm    Post subject: Reply with quote

Quote:
Anyone have any idea of the wait times for filing from home these days?


I was in a similar situation last year. I don't advise 100% doing this (I ran into some banking problems and time constraints), but it lessens the blow they could give.

Basically, you go to the pension office the day before your flight out of Korea. Go in the afternoon, like at 3 or 4pm. Check the hours beforehand. They won't have time to call the school until the next day, at which point you'll be at the airport or already flying if the pension office calls immediately.

It takes 30 days anyway to process it all before you get the money, so there is no point it trying to handle this at home. Now for the specifics:

You got internet at home? cell phone? bank issues? flight arrangements? visa issues? pension as already described? severance, last month's pay, security deposits?

Take all of these into account before you plan your "getaway".

I went to China, so I had to get a visa. For China, you have to wait 4 days and you have to go through a travel agent. They wouldn't let me go in person.

So, my flight was on a Saturday at like 2pm. I gave my passport to the travel agent the previous week. I thought I would get it on Wednesday. Nope. Earliest was Thursday afternoon. I had to make a decision.

I was able to use a scanned copy of my passport to open a bank account in order to do internet banking (between Monday-Thursday). However, I could not close any bank accounts until I had the passport. I gave that bank account info to the pension office. If you don't do this, you will have to fill out a remittance form so they can send it to your home country. I think it's easier on this end of things to have them send it to your Korean account. Then, try to get internet banking set up so you can transfer. That's the tricky part, but you can do this with the bank directly. Your school will not know for obvious reasons.

So, I figured, instead of running around from bank to bank on Thursday I would go to the pension office. Apparently the pension office didn't contact the school on Friday because the school assumed I would be in the apartment to show the landlord the apartment on Saturday.

Then, on Friday, I tried to set up internet banking with 2 banks. I suggest no one try this. Apparently, one bank will detect if you have the applet files from another bank. It's probably a security measure. I spent all morning and part of the afternoon running from my apartment to these banks trying to explain to them I couldn't get internet banking working at home. I ended up closing one of the bank's accounts, transferring all the money to the other bank and paid them to set it up for me.

MAKE SURE INTERNET BANKING WORKS BEFORE YOU BOARD YOUR FLIGHT, OR ELSE THEY WILL DO NOTHING UNLESS YOU GO IN PERSON.

After you get internet banking set up and test it to make sure it works, cancel your internet service. It may seem easy, but you need to find English support which isn't as easy as I thought it would be. After I got the banking stuff sorted at 3pm, I took taxis around trying to find the appropriate office to cancel my internet service. There doesn't seem to be one, but from one Korean SK center to the next, I was finally able to get someone who had the right number for foreign support. While in the taxi to the cell phone office at 5pm before they closed, I got a call, and I closed the account after convincing them I really didn't want to make the account dormant. Then, I went to the cell phone center and paid off my last bill.

MAKE SURE YOU HAVE MONEY IN CASH FOR YOUR LAST CELL PHONE BILL. THEY WILL NOT TAKE IT FROM YOUR BANK ACCOUNT, EVEN IF YOU SET IT UP TO DO IT THAT WAY BEFORE. I guess they want to make sure they get their money.

After that stressful Friday, I can happily say everything worked out. Don't wait till the last minute, but you don't have to worry too much if you get things sorted the last week. They probably won't contact the school immediately.
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