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isitts
Joined: 25 Dec 2008
Location: Korea
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 Posted: Sun Nov 30, 2014 4:17 am Post subject: |
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| Tomtomclub wrote: |
| That was a lot of years ago and this place wasn't exactly a pleasant place. |
What are you going on about with the "dark times" of Korea? If 24 years brought you into the present, then you've worked through some pretty good times, too. 1.2 mil isn't even one year's worth of pension. So there are schools during the pleasant sparkling times that didn't pay you either.
Last edited by isitts on Sun Nov 30, 2014 10:02 pm; edited 1 time in total |
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northway
Joined: 05 Jul 2010
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| Posted: Sun Nov 30, 2014 5:11 am Post subject: |
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| isitts wrote: |
| 1.2 mil isn't even one year's worth of pension. So there are schools during the pleasant sparkling times that didn't pay you either. |
This is why I think OP is either trolling, lying, or he's going to get 1.2 million/month in pension payments, which would make sense after more than two decades in country, what with the ten year cutoff (not 1.2 million as a lump sum). |
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EZE
Joined: 05 May 2012
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| Posted: Sun Nov 30, 2014 6:17 am Post subject: |
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| Tomtomclub wrote: |
| In the end they just laughed me. |
It sounds like you were at the Yatap pension office. |
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basic69isokay
Joined: 28 Sep 2014
Location: korea
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| Posted: Sun Nov 30, 2014 7:08 am Post subject: |
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| isitts wrote: |
| Tomtomclub wrote: |
| That was a lot of years ago and this place wasn't exactly a pleasant place. |
What are you going on about with the "dark times" of Korea? If 24 years brought you into the present, then you've worked through some pretty good times, too. 1.2 mil isn't even one year's worth of pension. So there are schools during the pleasant sparkling times that didn't pay you either.
| Tomtomclub wrote: |
While the illegal made a fortune I slugged a long.
I always thought do the right thing. |
Right. Clearly by the English you're using you're a gyopo (or some other non-native speaker...not that there's anything wrong with that) and seems likely you've worked here under the table without a degree and/or as an independent contractor. Either way, no pension for that kind of work.
Even if I'm wrong, pension is a small part of what you can have saved up in a given year. Over 24 years, even less. |
Or he's just drunk. |
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Tomtomclub
Joined: 21 Nov 2014
Location: DaeJeon
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| Posted: Sun Nov 30, 2014 7:33 am Post subject: |
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No they just didn't pay me and I have to laugh at the concept of they notified us of anything.
Drunk is also correct. |
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northway
Joined: 05 Jul 2010
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| Posted: Sun Nov 30, 2014 7:47 am Post subject: |
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| Tomtomclub wrote: |
No they just didn't pay me and I have to laugh at the concept of they notified us of anything.
Drunk is also correct. |
I don't understand how you could work in Korea for 24 years without ever having a legit job. |
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NinjaTeacher
Joined: 31 Jan 2014
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| Posted: Sun Nov 30, 2014 4:54 pm Post subject: |
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Sorry to hear that man.
Have you considered hiring legal aid? Maybe they can get at least some of the schools you worked for to pay up. |
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IS-F
Joined: 20 Oct 2009
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| Posted: Sun Nov 30, 2014 5:53 pm Post subject: |
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| Stan Rogers wrote: |
| FriendlyDaegu wrote: |
| I thought at 10 years in the system you were 'vested' and could no longer take the money out as a lump sum. |
Depends on the country you are from. Canadians have a 10 year cut off point on lump sum withdrawls. I think the U.S. doesn't. |
Are you sure about that? When I read it I panicked and called the pension office because I'm at the 10 year mark now. They say it doesn't matter if you've been paying into more than 10 years. The 10 years is when you officially qualify for monthly pension payments at the retirement age. To get the refund, you just need to report it from 5 years of your date of departure from Korea.
However, I'm still uneasy even though hearing it from an official at NPS. If you have any official links saying that you don't qualify for a refund after 10 years of payment, let us know.
Thanks. |
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trueblue
Joined: 15 Jun 2014
Location: In between the lines
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| Posted: Sun Nov 30, 2014 6:19 pm Post subject: |
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Some of you are supportive and empathetic to the OP's situation...a very significant and alarming situation, reflecting another reason NOT to trust Korea or Koreans.
Others here, are just plain assholes. |
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joelove
Joined: 12 May 2011
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| Posted: Sun Nov 30, 2014 6:21 pm Post subject: |
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| Tough break Tom. Didn't know you returned to Korea. |
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EZE
Joined: 05 May 2012
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| Posted: Sun Nov 30, 2014 7:03 pm Post subject: |
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I've got bad news for you, Tom.
After years of talking with the pension office and trying to get pension (while getting laughed at the whole time, of course), I finally qualified in August of this year. But here's the bad news... I owe backpayments.
You might get a letter soon saying you owe 50,000,000 won in backpayments since you've been here 24 years.
Of what nationality are you, Tom? |
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slothrop
Joined: 03 Feb 2003
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| Posted: Sun Nov 30, 2014 7:03 pm Post subject: |
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edit
Last edited by slothrop on Sun Jan 11, 2015 5:09 am; edited 2 times in total |
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Chaparrastique
Joined: 01 Jan 2014
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| Posted: Sun Nov 30, 2014 7:06 pm Post subject: |
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| IS-F wrote: |
| The 10 years is when you officially qualify for monthly pension payments at the retirement age. |
You qualify once you make a certain number of payments (160, I think). |
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Lucas
Joined: 11 Sep 2012
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| Posted: Sun Nov 30, 2014 8:54 pm Post subject: |
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| Quote: |
Some of you are supportive and empathetic to the OP's situation...a very significant and alarming situation, reflecting another reason NOT to trust Korea or Koreans.
Others here, are just plain assholes. |
Maybe you can give him some of your money. |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Sun Nov 30, 2014 9:26 pm Post subject: |
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| northway wrote: |
| …or he's going to get 1.2 million/month in pension payments, which would make sense after more than two decades in country, what with the ten year cutoff (not 1.2 million as a lump sum). |
That would make sense (...and if that's the case, I'll retract the second part of my last statement).
tomtom, you sure these aren't monthly payments? You’ve been here 24 years. Don’t you have any Korean friends or acquaintances that can help you? Or…god, after that long, didn’t you learn any Korean through osmosis? 
| northway wrote: |
| I don't understand how you could work in Korea for 24 years without ever having a legit job. |
I don’t understand how he could work here 24 years, period.
Last edited by isitts on Sun Nov 30, 2014 9:36 pm; edited 2 times in total |
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