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branchsnapper
Joined: 21 Feb 2008
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 Posted: Tue Mar 25, 2008 10:39 pm Post subject: I have to pay "unemployment insurance"? |
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| I work for a GEPIK public school and I've just had 120 000 taken out of this months pay packet for "unemployment insurance" (for the whole year, I think). I've been in Korea for a while but this is new to me. Is this normal? Does it mean I can get something if they were to actually fire me!? |
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pkang0202
Joined: 09 Mar 2007
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| Posted: Tue Mar 25, 2008 10:43 pm Post subject: |
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| First, find out again what the deduction is. A lot of times, things get lost in translation. Find out the actual Korean word for it and then try and look it up yourself or post it on Dave's. |
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nomad-ish
Joined: 08 Oct 2007
Location: On the bottom of the food chain
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| Posted: Tue Mar 25, 2008 11:20 pm Post subject: |
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| never heard of it, not even through dave's ('til now, that is). go talk to your co-teacher and poke around a bit. |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Tue Mar 25, 2008 11:25 pm Post subject: |
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| "Boss' soju insurance" |
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cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
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| Posted: Tue Mar 25, 2008 11:32 pm Post subject: |
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| There's no way you should be paying unemployment insurance premiums - you can never collect. |
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icnelly
Joined: 25 Jan 2006
Location: Bucheon
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| Posted: Wed Mar 26, 2008 12:06 am Post subject: |
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I was asked if I wanted it.
I said no. |
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valkyrian2
Mod Team
Joined: 15 May 2007
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| Posted: Wed Mar 26, 2008 12:13 am Post subject: Re: I have to pay "unemployment insurance"? |
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| branchsnapper wrote: |
| I work for a GEPIK public school and I've just had 120 000 taken out of this months pay packet for "unemployment insurance" (for the whole year, I think). I've been in Korea for a while but this is new to me. Is this normal? Does it mean I can get something if they were to actually fire me!? |
IF you are on an E2 visa then you are exempt from the "unemployment insurance". Your sojourn in Korea is tied to your employment. No job = no visa = no ability to collect.
If you are on an F-visa then you are legally obligated to pay because you CAN collect when you are terminated. |
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gwhitey09
Joined: 26 Jun 2007
Location: seoul
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| Posted: Wed Mar 26, 2008 2:05 am Post subject: |
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branch, same thing happened to me.
i noticed about 140k was missing from this months check.
my coteacher said something about insurance.
im going to keep asking. it sounds fishy.
let me know what you hear. |
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yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
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| Posted: Wed Mar 26, 2008 2:34 am Post subject: |
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The money is likely going into someone's pocket. There shouldn't be a one-time payment for such a thing. And it's not something someone who entered on an E2 visa should pay in the first place.
I always assume the worst. Someone's pocketing your money. It's amazing the *beep* we have to go through here. |
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CentralCali
Joined: 17 May 2007
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| Posted: Wed Mar 26, 2008 2:52 am Post subject: |
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| IIRC, your employer cannot legally enroll you in unemployment insurance unless you voluntarily sign up for it. |
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regicide
Joined: 01 Sep 2006
Location: United States
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| Posted: Wed Mar 26, 2008 3:31 am Post subject: |
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| CentralCali wrote: |
| IIRC, your employer cannot legally enroll you in unemployment insurance unless you voluntarily sign up for it. |
I have been paying it these past couple of years myself - - 10, 000 a month.
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lizzie hong
Joined: 13 Nov 2007
Location: Ilsan
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| Posted: Wed Mar 26, 2008 5:55 am Post subject: |
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My school asked if I wanted to enroll. It is an "unemployment insurance." If you are too sick/medically unable to work, this insurance will pay for up to two month of missed work.
I asked the school if I was able to enroll since I'm only on an E-2 for the time being. Originally, they said that I could benefit from the program. I figure they must have seen my confusion on the matter and looked further into the details of the insurance because when pay day came around they had realized I wouldn't benefit from the program and didn't deduct for it. |
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CentralCali
Joined: 17 May 2007
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| Posted: Wed Mar 26, 2008 6:18 am Post subject: |
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| regicide wrote: |
| CentralCali wrote: |
| IIRC, your employer cannot legally enroll you in unemployment insurance unless you voluntarily sign up for it. |
I have been paying it these past couple of years myself - - 10, 000 a month.
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Are you on an E-series visa? If so, how do you intend to benefit from the plan? |
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regicide
Joined: 01 Sep 2006
Location: United States
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| Posted: Wed Mar 26, 2008 3:55 pm Post subject: |
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| CentralCali wrote: |
| regicide wrote: |
| CentralCali wrote: |
| IIRC, your employer cannot legally enroll you in unemployment insurance unless you voluntarily sign up for it. |
I have been paying it these past couple of years myself - - 10, 000 a month.
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Are you on an E-series visa? If so, how do you intend to benefit from the plan? |
I don't. But I found out who my boss was for a hundred bucks. Then , when I earn money on the side, I have no remorse.
I got my money back a hundred fold. |
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CentralCali
Joined: 17 May 2007
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| Posted: Wed Mar 26, 2008 4:41 pm Post subject: |
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| Friend, you might want to reword that. It doesn't appear to make a lot of sense the way you have it right now. |
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