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Santiago
Joined: 26 Sep 2007
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 Posted: Mon Feb 11, 2008 4:28 pm Post subject: When Should I expect my severance pay and airfare reimb? |
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Not sure on these and am being told by my school (Public School) that I can't have them until 1 month after I leave. Ordinarily not a problem but the gov't will not deposit them to my American account. A korean from the school wants to withdraw it from my Korean account after its deposited, then wire it to me in America. Doesn't make any sense...
Apparently I get my pension refund sooner than both... |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Feb 11, 2008 4:44 pm Post subject: Re: When Should I expect my severance pay and airfare reimb? |
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| Santiago wrote: |
Not sure on these and am being told by my school (Public School) that I can't have them until 1 month after I leave. Ordinarily not a problem but the gov't will not deposit them to my American account. A korean from the school wants to withdraw it from my Korean account after its deposited, then wire it to me in America. Doesn't make any sense...
Apparently I get my pension refund sooner than both... |
It should be paid out on your last regular payday or the last day of your contract.
Contact your provincial liason (you didn't say if you were EPIK, GEPIK or SMOE) and get it straightened out ASAP. |
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Santiago
Joined: 26 Sep 2007
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| Posted: Mon Feb 11, 2008 4:45 pm Post subject: |
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| ^Thank you very much |
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Santiago
Joined: 26 Sep 2007
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| Posted: Mon Feb 11, 2008 8:59 pm Post subject: |
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| LOL, turns out the Pension refund is what comes a month after I leave and the severance and flight reimb come with the last month's pay. |
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ED209
Joined: 17 Oct 2006
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| Posted: Mon Feb 11, 2008 9:03 pm Post subject: |
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| Check your contract, you should get everything on your last day except the pension. I've seen other posters here claim they were sent it to their home countries bank account. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Tue Feb 12, 2008 4:09 am Post subject: |
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| Santiago wrote: |
| LOL, turns out the Pension refund is what comes a month after I leave and the severance and flight reimb come with the last month's pay. |
MAKE SURE you apply for your pension refund in the last 30 days BEFORE you leave. It is a b1tch to apply for AFTER you have gone.
You will need a copy of your ARC and your one way out-of-Korea plane ticket when you apply for it.
You will also need the bank information for them to send it to (they will send it to out of country banks). |
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