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help with health insurance scam??
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Tue May 11, 2004 2:31 am    Post subject: Reply with quote

freesolo wrote,
"I still think this is a dodgy shell game."
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Tue May 11, 2004 2:32 am    Post subject: Reply with quote

Aren't some things worth repeating?

What the old saying?
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wylde



Joined: 14 Apr 2003

PostPosted: Tue May 11, 2004 7:00 am    Post subject: Reply with quote

JackSarang wrote:
You have to be paying into pension as well. Its illegal for him not to. He doesn't want to do it because he has to match your contribution as well.


i'm not too educated here.. you're telling me that the employer matches my contributions?

i was looking forward to getting back the 800+K i have put in.. you are now telling me it should be double?
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just because



Joined: 01 Aug 2003
Location: Changwon - 4964

PostPosted: Tue May 11, 2004 7:11 am    Post subject: Reply with quote

wylde wrote:
was looking forward to getting back the 800+K i have put in.. you are now telling me it should be double?

I've got some bad news for you Wylde. For some reason Australians (and only Australians) can't get their pension back at the end of your contract. If you are putting money in a pension plan it is dead money.

I'll try to find the link.
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wylde



Joined: 14 Apr 2003

PostPosted: Tue May 11, 2004 7:13 am    Post subject: Reply with quote

just because wrote:
wylde wrote:
was looking forward to getting back the 800+K i have put in.. you are now telling me it should be double?

I've got some bad news for you Wylde. For some reason Australians (and only Australians) can't get their pension back at the end of your contract. If you are putting money in a pension plan it is dead money.

I'll try to find the link.


that well and truely sux...

o well Razz
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JackSarang



Joined: 28 Jan 2003

PostPosted: Tue May 11, 2004 7:14 am    Post subject: Reply with quote

wylde wrote:
JackSarang wrote:
You have to be paying into pension as well. Its illegal for him not to. He doesn't want to do it because he has to match your contribution as well.


i'm not too educated here.. you're telling me that the employer matches my contributions?

i was looking forward to getting back the 800+K i have put in.. you are now telling me it should be double?


Yes. Its required by law. Here's the website in english:

http://www.npc.or.kr/eng/enpsk.html?code=./enpsk/a01.html

If you click on contributions, it will show you the table. After 1999 both employer and employee contribute 4.5% of employee's pay per month.
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freesolo



Joined: 26 Feb 2004

PostPosted: Tue May 11, 2004 6:05 pm    Post subject: to clarify Reply with quote

thanks for website address.

just to clarify: the money taken out for "pension" is what n. americans would call "social security"??

i've looked at the pay sheets of my fellow teachers and they have about 100,000 won taken out every month for this, but my owner says he's not going to do this for me or the other 2 new teachers cause it's more money for us. ergo, we have to pay 100% for health insurance.

and if he doesn't agree, any advice on how to sort it out with the authorities? my guess is if i make an issue of it (start a revolution in his eyes), i will be fired. would rather make my concern known to the right people first before confronting him.

I don't want to be hammered with a huge debt to pay all at once when i move to another school.
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oneiros



Joined: 19 Aug 2003
Location: Villa Straylight

PostPosted: Tue May 11, 2004 6:13 pm    Post subject: Reply with quote

Am I correct in thinking that your employer doesn't have to deduct pension from your paycheck if they have fewer than five employees?

Guess whose employer doesn't deduct pension contributions either.
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freesolo



Joined: 26 Feb 2004

PostPosted: Tue May 11, 2004 6:16 pm    Post subject: confused? Reply with quote

under the website, there is an exclusion for private school teachers-is that us??

also, under "national pension and foreigners" it says something about not being covered because of "social security agreement"

I have no problem with any of this being taken out of my paycheck, I won't starve, but I'm quickly learning not to trust anything that happens at my school and want to jump ship before it gets worse. I'd rather suffer a little pain now than a lot later.
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nene



Joined: 11 Jun 2005
Location: Samcheok, Gangwon-do

PostPosted: Sun Nov 27, 2005 9:41 pm    Post subject: NHI Reply with quote

somewhere i picked up the idea that since our employers are legally bound to enroll us in NHIC, if we are not enrolled and are hospitalized, we simply make the back payments and the treatment will be covered (and maybe the employer gets in trouble). can anyone speak to this?
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