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RachaelRoo
Joined: 15 Jul 2005
Location: Anywhere but Ulsan!
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 Posted: Fri Oct 27, 2006 12:36 am Post subject: Pension and part-time workers |
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I had a discussion with a colleague the other day about the Korean pension system. He insisted that a (foreign) hogwon teacher employed for 6 hours a day is a part-time worker and thus the employer does not have to pay into their pension plan.
I insisted that anyone on an E2 visa is automatically a full time worker and thus qualifies for the pension.
Does anyone know the facts and where I could verify them? |
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ChuckECheese
Joined: 20 Jul 2006
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| Posted: Fri Oct 27, 2006 4:43 am Post subject: |
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| You are full-time and you and your hagwon must pay into the pension. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri Oct 27, 2006 5:58 am Post subject: Re: Pension and part-time workers |
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| RachaelRoo wrote: |
I had a discussion with a colleague the other day about the Korean pension system. He insisted that a (foreign) hogwon teacher employed for 6 hours a day is a part-time worker and thus the employer does not have to pay into their pension plan.
I insisted that anyone on an E2 visa is automatically a full time worker and thus qualifies for the pension.
Does anyone know the facts and where I could verify them? |
Your friend is wrong.
Call 1355 to confirm that you are entitled to pension.
ALL salaried (paid monthly) employees are included.
http://www.nps4u.or.kr/eng/enact01.html?code=./enpa/b05.html
Any worker that has an E2 is considered to be full time and entitled (required by law) to both National pension AND national medical insurance.
the following is quoted from the pension plan website:
But foreigners falling under any of the following items are excluded from the coverage.
�� Those whose country does not mandatorily cover Korean citizens under its pension scheme. (English E2 countries require coverage)
�� Foreigners who are not registered under the Immigration Act, or to whom the forced deportation order has been issued under the same Act, or who are staying in Korea without being permitted to extend their term of stay.
�� Among the registered foreigners under Immigration Act, those whose stay status falls under any of the followings; culture & art, studying abroad, industrial training, general training, religion, visiting & living together and others.
Please note that TEACHERS of foreign languages are NOT EXCLUDED. |
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RachaelRoo
Joined: 15 Jul 2005
Location: Anywhere but Ulsan!
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| Posted: Fri Oct 27, 2006 6:43 am Post subject: |
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| ChuckECheese wrote: |
| You are full-time and you and your hagwon must pay into the pension. |
lol luckily I don't work for a hogwon anymore... |
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RachaelRoo
Joined: 15 Jul 2005
Location: Anywhere but Ulsan!
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| Posted: Fri Oct 27, 2006 6:44 am Post subject: Re: Pension and part-time workers |
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Ahha! Exactly what I was looking for...much appreciated! |
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