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fj007
Joined: 21 Jan 2008
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 Posted: Mon Oct 13, 2008 9:26 pm Post subject: mandatory pension or not? |
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ok, so this topic has almost been beaten to death,,...but i am looking for some clear facts here:
1.are all foreign teachers (esp. Canadians) required to pay into the pension plan here in Korea?
2. Are all employers (incl. hagwons) required to pay into pension also?
3. Where is there written documentation/proof of this in English? (that I can show my boss)
4. Where is the main pension office located? (my local one didn't help me at all) |
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TheChickenLover
Joined: 17 Dec 2007
Location: The Chicken Coop
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| Posted: Mon Oct 13, 2008 9:58 pm Post subject: |
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Pension is MANDATORY and NOT optional.
Call them and ask for yourself.
Chicken |
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Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
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| Posted: Mon Oct 13, 2008 10:41 pm Post subject: Re: mandatory pension or not? |
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If you are registered as an employee at the tax office, then it is mandatory that both you and the boss pay into the pension plan. If he isn't, you can file a complaint with NPS and they will FORCE him to do so.
If you are registered as an independent contractor, then the boss is off the hook not only for pension, but also severance and medical, and you are on the hook for higher taxes.
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
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joshuahirtle27
Joined: 23 Mar 2008
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| Posted: Tue Oct 14, 2008 12:58 am Post subject: Re: mandatory pension or not? |
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| Young FRANKenstein wrote: |
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
And the rest of this number is _____________________ |
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Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
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| Posted: Tue Oct 14, 2008 1:06 am Post subject: Re: mandatory pension or not? |
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| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
And the rest of this number is _____________________ |
It's a national number. Only 4 digits. |
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joshuahirtle27
Joined: 23 Mar 2008
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| Posted: Tue Oct 14, 2008 1:08 am Post subject: Re: mandatory pension or not? |
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| Young FRANKenstein wrote: |
| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
And the rest of this number is _____________________ |
It's a national number. Only 4 digits. |
Oh like 911 back home. I assume they speak English. |
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Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
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| Posted: Tue Oct 14, 2008 1:09 am Post subject: Re: mandatory pension or not? |
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| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
And the rest of this number is _____________________ |
It's a national number. Only 4 digits. |
Oh like 911 back home. I assume they speak English. |
Never ASS-U-ME in Korea. |
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joshuahirtle27
Joined: 23 Mar 2008
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| Posted: Tue Oct 14, 2008 1:11 am Post subject: Re: mandatory pension or not? |
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| Young FRANKenstein wrote: |
| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
| joshuahirtle27 wrote: |
| Young FRANKenstein wrote: |
Main pension office is located at the Chamsil stadium station area. Phone number 1355. |
And the rest of this number is _____________________ |
It's a national number. Only 4 digits. |
Oh like 911 back home. I assume they speak English. |
Never ASS-U-ME in Korea. |
So if I were to make a call... I'd have to fight to speak English  or find someone who speaks Korean to fight on my behalf. |
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