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Ghostinthemachine
Joined: 22 Jun 2003
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 Posted: Fri Oct 03, 2003 8:53 pm Post subject: A question for Irish Teachers......... |
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........or anybody else who may know the answer.
Can we claim back our pension contributions and if so how do we go about it?
My contract ends the 31st of October and I'm going home on the 1st of November. If anybody knows the answer to these questions I'd really appreciate it.
Thanks.  |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Fri Oct 03, 2003 10:13 pm Post subject: |
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I don't think so.
The only countries that have the pension agreement with Korea are USA, Canada and, strangely, South Africa.
Tough titty for British, Irish, Aussies and Kiwis. |
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Ghostinthemachine
Joined: 22 Jun 2003
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| Posted: Sat Oct 04, 2003 10:54 pm Post subject: |
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Thanks eamo
I guess I'll just have to write it off then.  |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Sun Oct 05, 2003 3:00 am Post subject: |
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| Ghostinthemachine wrote: |
Thanks eamo
I guess I'll just have to write it off then. |
Hey, don't write it off!! Come back and live in Korea when you're 65!!! |
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Guest
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| Posted: Sun Oct 05, 2003 3:12 am Post subject: |
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oh doh!  you mean i should've travelled on my south african citizenship and not british?? have i lost out on free cash? please explain. |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Sun Oct 05, 2003 4:57 am Post subject: |
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| blake wrote: |
| oh doh! you mean i should've travelled on my south african citizenship and not british?? have i lost out on free cash? please explain. |
The South African teacher I worked with last year told me South Africans can claim the pension back. He seemed to know what he was talking about. I'd be 99% sure he's right but you should check it for yourself. |
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Interested
Joined: 10 Feb 2003
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| Posted: Sun Oct 05, 2003 4:23 pm Post subject: |
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As far as I know, Australians can claim it back too - at least up to 2 years worth of it.
You need to check again. |
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Gord
Joined: 25 Feb 2003
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| Posted: Sun Oct 05, 2003 4:50 pm Post subject: |
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| Interested wrote: |
As far as I know, Australians can claim it back too - at least up to 2 years worth of it.
You need to check again. |
Back that "check again" truck up and do yourself what you command others to do, as what you know is wrong.
There's a lovely link on the Australian embassy page that someone put up on the board here ( http://www.eslcafe.com/forums/korea/viewtopic.php?t=9942&highlight=australia+pension ) that clearly states that Australians aren't entitled to the pension refund you say they are. |
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Interested
Joined: 10 Feb 2003
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| Posted: Sun Oct 05, 2003 11:09 pm Post subject: |
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| Gord wrote: |
| Interested wrote: |
As far as I know, Australians can claim it back too - at least up to 2 years worth of it.
You need to check again. |
Back that "check again" truck up and do yourself what you command others to do, as what you know is wrong.
There's a lovely link on the Australian embassy page that someone put up on the board here ( http://www.eslcafe.com/forums/korea/viewtopic.php?t=9942&highlight=australia+pension ) that clearly states that Australians aren't entitled to the pension refund you say they are. |
Well, I was working here on my Australian passport, and when I left (in February) they paid me back everything that I'd payed into my pension. |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Mon Oct 06, 2003 5:34 am Post subject: |
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Interesting update on this matter.
My boss called me into the office today and told me that they made some inquiries with the Korean Pension Office.
It seems they told him if I can get a certain document from the UK pension office to show how much pension I have paid, in the UK, since I came to Korea (i.e. none!) then there's a chance they could do something to get my pension money back.
I'm not reading too much into this. If there was a way for Brits to claim back the pension money you would think someone would have discovered this before.
However, I think it's worth a few e-mails to the British pension office to check it out.
Since I arrived in Korea in 2000 I've paid approx. 2,000,000 in pension money. By the time I finish this current contract that will be up to more than 3,000,000!!!!!!
I can't believe all that money just gets lost in the system!! There must be some way to get it back. |
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buddy bradley
Joined: 24 Aug 2003
Location: The Beyond
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| Posted: Mon Oct 06, 2003 9:23 am Post subject: |
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| blake wrote: |
| oh doh! you mean i should've travelled on my south african citizenship and not british?? have i lost out on free cash? please explain. |
With a bit of luck, you may one day be able to use your S. African pension to buy a can of beans and a six-pack each month. I can't wait. |
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