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Korean Job Discussion Forums
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cazador83
Joined: 28 Feb 2006
Location: Seoul
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 Posted: Wed Apr 02, 2008 4:58 pm Post subject: How much do you pay for medical and pension? |
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At my school, all of us pay a different amount, even though many of us are on the same base salary. Is that normal?
My base salary is 2.4 mil, and I'm paying 71,000 for medical and 88,000 for pension. How do they come up with these numbers if it's not based on our salary?
Someone told me that it's based on what you earned the previous year, but that doesn't make too much sense to me. |
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garykasparov
Joined: 27 May 2007
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| Posted: Wed Apr 02, 2008 5:23 pm Post subject: Re: How much do you pay for medical and pension? |
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| cazador83 wrote: |
At my school, all of us pay a different amount, even though many of us are on the same base salary. Is that normal?
My base salary is 2.4 mil, and I'm paying 71,000 for medical and 88,000 for pension. How do they come up with these numbers if it's not based on our salary?
Someone told me that it's based on what you earned the previous year, but that doesn't make too much sense to me. |
( 1 ) http://www.nhic.or.kr/eng/
( 2 ) Click on "community"
( 3 ) Click on "FAQ"
( 4 ) Click on "Contributions"
2,400,000 KRW x 5.08% = 121,920 KRW / 2 = 60,960 KRW (Your medical contribution) |
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