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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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flicknut

Joined: 23 Nov 2006
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Posted: Tue Nov 18, 2008 2:01 am Post subject: Easy NPS Question |
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What amount is refunded when we leave the country? I show two numbers on my statement:
1. 3,326,400원
2. 1,663,200원
I've worked here for 18 months. I suppose #2 is the amount I paid, and #1 is the total including the employer's share. We're only entitled to #2, right? |
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maddog
Joined: 08 Dec 2005 Location: Daegu
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Posted: Tue Nov 18, 2008 2:06 am Post subject: Re: Easy NPS Question |
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| flicknut wrote: |
What amount is refunded when we leave the country? I show two numbers on my statement:
1. 3,326,400원
2. 1,663,200원
I've worked here for 18 months. I suppose #2 is the amount I paid, and #1 is the total including the employer's share. We're only entitled to #2, right? |
Number 1. You get it all back, even the share your employer paid. Assuming your not a Brit of course. All we get is a kick in the nuts. |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Tue Nov 18, 2008 2:18 am Post subject: Re: Easy NPS Question |
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| flicknut wrote: |
What amount is refunded when we leave the country? I show two numbers on my statement:
1. 3,326,400원
2. 1,663,200원
I've worked here for 18 months. I suppose #2 is the amount I paid, and #1 is the total including the employer's share. We're only entitled to #2, right? |
If you are from Canada, the USA or Australia you get it all back (#2).
It is NOT a cash on the counter refund. You apply for it and they forward it to you bank AFTER you have left.
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