Korean Job Discussion Forums

Saunagukin

Tried the search...lots of info on first time refunds and people who never applied, but...

I worked for a year and a half, applied for my refund and got it. I didn't think I would be returning to SK. Now, I am starting a new job in Korea, and am wondering if I can get it again. Anyone know about this?

Or maybe there is a way to be exempt from paying? I doubt it.

Any info is appreciated. Thanks.

Grotto · Joined: 21 Mar 2004

I have picked up my pension at the end of each contract without any problems.

canadian_in_korea · Joined: 20 Jun 2004 Location: South Korea

Grotto · Joined: 21 Mar 2004

Yes you need to bring a one way ticket out of the country your passport and ARC(not sure about the passport but I did anyways)

canadian_in_korea · Joined: 20 Jun 2004 Location: South Korea

ok thanks.. Very Happy

I'm leaving in april...but not until the end of april...so I guess I should wait until the end of march...or they'll just make me come back ... Razz

Saunagukin · Posted: Sun Mar 06, 2005 3:29 pm Post subject:

Yeah, they will make you come back. We went 5 weeks before we were scheduled to leave SK. They sent us away and told us to come back in a week.

Make sure your school knows that you are going to apply for the pension a month in advance. When we went, we were told that the pension office didn't have the proper paperwork from our school. They tried calling our school, but no one with authority was around. We had to go back to our school and tell them to register. Actually, I don't know exactly what the school has to do, but the pension office has to somehow be informed of your leaving. Our school ended up telling us that they were waiting so that we could get back our money from that last month. The pension office later said that the school doesn't need to wait. The pension office takes the last month into consideration when calculating the refund. That's the story we got, anyway.