|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
|
 Posted: Tue Feb 21, 2012 9:10 pm Post subject: |
 |
|
| YTMND wrote: |
| Quote: |
| I already posted the actual text AND the link above. |
That is a reference on a website which paraphrases a law, but it's not the actual law. You mentioned "Article 8, Clause 2 of the Employee Retirement Benefits Security Act", but when I google it, I also get "Civil Service Retirement Act". Maybe it's not the same thing.
I am looking for the EXACT law, not a reference or a description of what it states. I am looking for it verbatim.
Where would this law be stated in because I am getting several sources for an "Article 8" and "Clause 2"? |
http://www.moleg.go.kr/english/korLawEng;jsessionid=Ndiwa6bzpEwaUh5vra5xtvaqaGEjwIB9z0pZ3sWLYKEtrVwjr4boWTVD1G61Fyw4?pstSeq=47471&pageIndex=70 |
|
| Back to top |
|
 |
TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
|
| Posted: Tue Feb 21, 2012 9:18 pm Post subject: |
|
|
That is when the amendment takes place not the law. You are still covered under the old law until then
| Quote: |
| Interim Severance Payment: Pursuant to Article 8, Clause 2 of the Employee Retirement Benefits Security Act, employers can provide interim severance payment upon employees� request, which enabled some employees to use their severance payment for purposes other than their retirement plan. |
The key words here are "upon employees' request". In other words they need our permission to do so. The amendment preserves this right and goes further saying that in addition they also have to meet certain other regulations as laid out in the Presidential Degree before they can give us a interim payment.
And since this is a legal firm I should think they know what they are talking about. |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
