Korean Job Discussion Forums

[CPT]

Going to give this a try.

Any minimum amount of time between going to the NPS office and collecting at the airport? Could you go to the NPS office Monday if you're leaving, say, Wednesday?

Also, this might be a stupid question, but is there anything stopping you from buying the one way ticket back to Korea immediately? As in at the same time as your one way ticket out? I don't know how these things work, but can they check to see if you have another reservation?

[CPT]

Another (possibly dumb) question...you can just get your money in KRW, right? Does it have to be a foreign currency to keep up the idea that you're leaving the country?

[beentheredonethat777]

][quote="CPT"]Another (possibly dumb) question...you can just get your money in KRW, right? Does it have to be a foreign currency to keep up the idea that you're leaving the country?[/quote][/b]

The only dumb question is the one not asked.

YES, you can receive your refund in KRW.
No, it doesn't have to be in a foreign currency. Unless we're talking hundreds of thousands of US dollars, I seriously doubt anyone will be suspicious. That was a very good question, by the way. You are thinking two steps ahead.

NOTE:
You should get all of this sorted out at your local pension office when you go there to apply for your refund. The form will ask you which currency you would like to receive it at the airport and they will tell you the exact amount you will be receiving. Just check the box that says Korean won.

Have you filed for your refund yet at your local pension office?
This is required, if you are planning to pick up the cash at the airport.
Make sure you follow the step by step plan I posted and you should be fine. Many people have followed these steps successfully.

Don't over think this process, its not as complicated as it seems.
GO as soon as you have ALL of the information required to file for your pension refund.

When is your contract finished? Is this public or private school. If it's private, there may not even be pension to collect. Please check NOW!

[beentheredonethat777]

[smjstevens]

Very useful information, thank you for this post! Looks like I'll be getting an extra bonus before starting my next contract!

[CPT]

Thanks for the answers.

Apparently the flight has to be between 11:00-24:00 (don't know how those late ones would work), and my flight is at 10:25. Oops.

http://english.nps.or.kr/jsppage/english/scheme/scheme_04.jsp

I'll have to see if there's any wiggle room there, but it's something people might want to know if they are going to do this. All of the office hours are 9-5, 9-6, but I guess the flight has to be 11 or later to give you enough time? I don't know.

[CPT]

Is there any reason you can't do this on a D-10?

And I take it there's no issue restarting pension payments on the same ARC number?

[beentheredonethat777]

[CPT]

Right, but just like you apply while you're on your E2 before leaving the country, could you not do the same on a D-10?

You tell the pension office "I'm done looking for work, I'm leaving" and you tell immigration...nothing. I suppose going through with applying for the D-10 doesn't help your case when trying to convince them you're leaving, but does it really matter?

I know people who have gotten their pension the long way while on a D-10, just wondering if it would work for the airport collection as well.