Korean Job Discussion Forums

[zoeksk]

So I have been working at my school since April and I finally gotten my director to look into getting me health insurance. She came back saying that it will cost 180,000 a month split 50:50 between us. Obviously she doesnt want to pay that but she said it was up to me.

I'm wondering why it is so much? Also I know that this I will have to pay into my 'pension' I also know that its 4.5% for me but my question is do I start as of now or will they want back payments?

[Dodge7]

[hogwonguy1979]

here is the nhic faq

http://www.nhic.or.kr/portal/site/eng/menuitem.1ae3bb69fc2bea0644416433062310a0/?purl=02_01.html

looks like its 2.54% for you but it may have gone up I pay around 90K/month but my salary is over 3mil/month

you will have to back pay pension and nhic but it will be worth it, had a friend who was on ic status and didnt pay nhic and broke his leg while cycling and it cost him a chunk of change

[Skippy]

Your boss might also be lumping in the pension with the health insurance. So she may be saying health insurance but she mean insurance AND pension. They are both linked in Korea. You get one, you get the other. No separating.

Hope you can get the pension refund in the future. Well if you are American, Canuck, or Aussie you do.

Once again I can understand a school wanting to save money, but why not just offer the benefits and lower the wage to cover the costs.

[ttompatz]

[zoeksk]

Ok. My plan is to call the health office and the pension office and register myself as her employee, pay my share of the back pay and then go up to her and say look I found it cheaper aren't I helpful?

When I told her I thought that was to expensive she was genuinely surprised she has her accountant do this for her so she told me to see if I could find it cheaper hehehe I know she meant look for it cheaper but I will say I thought she meant I should register if it was cheaper.

I hoped I dont get fired for making her lose face, BUT I cant go without health insurance, I just know that come winter my asthma will play up and I'll be in and out of the hospital for flu meds so I'm not willing to go 50/50 on that and if I wait any longer the back payments will kill me

[zoeksk]

btw my salary is 2.2 krw so the way I work it out it should be around 100,000 taken from my pay every month, which isnt so bad, but I'm not looking forward to those back payments, I wonder if its possible to stagger them?

[Skippy]

Some times it is the accountant thing. I know one guy who runs a hagwon who says 3.3 is the standard rate (and he is providing pension/health). Some accountants just assume and go with one way.

But on the other hand it can be a classic pass the buck excuse.

As to you wanting the health insurance. Ya, everybody needs it, my mind flipped when the Bill Kouplan fire thing happened. Plus the promise of half/half paying doctors bill by boss never works out.

[motiontodismiss]

Too much, considering my income.

[zoeksk]

Yeah I was always gonna take the insurance but I thought something was off when it was so high, I'm just hoping I don't get a lot of hassle from signing up for it myself. I mean she cant fire me for that obviously but I'm sure if she wanted to she could come up with a bizarre reason as an excuse but she has been really good to me with a lot of things (like buying my online shopping and taking it out of my next wage because my card doesnt seem to work online, and getting her IT guy to come fix my computer for me at a super discount) so I'm hoping it will be OK