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lifeinkorea
Joined: 24 Jan 2009
Location: somewhere in China
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 Posted: Fri Mar 05, 2010 12:05 am Post subject: Pension Question - getting it later on a revisit |
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Is it possible to get pension money if you decide to come back, like on a tourist visa?
I don't have much time, and I need to give the Chinese Embassy my passport for 4 days to process my L visa with them. So, if I come back to Korea (I might do a visa run to work in China, who knows) could I bring my passport in and then apply to get it refunded?
Basically, are we screwed out of it if we come back? The travel agency I am going through warned me they think I need my ARC card. So, if I hand it in when I leave Korea, then I obviously won't have it.
If I were to come back to Korea and work again, I would get the same ARC number right? And I would just have pension money added into the same account, correct? |
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crisdean
Joined: 04 Feb 2010
Location: Seoul Special City
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| Posted: Fri Mar 05, 2010 12:25 am Post subject: Re: Pension Question - getting it later on a revisit |
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| lifeinkorea wrote: |
| Is it possible to get pension money if you decide to come back, like on a tourist visa? |
short answer: Yes
| lifeinkorea wrote: |
| could I bring my passport in and then apply to get it refunded? |
short answer: Probably
longer answer:you should be able to apply for it while in China, or back in your home country, I had a friend apply for it after he got back to Canada, apparently it was a pain in the... but he eventually got it back, I think he went through Canada pension and they contacted Korean pension for him.
| lifeinkorea wrote: |
| Basically, are we screwed out of it if we come back? |
short answer: no
| lifeinkorea wrote: |
| If I were to come back to Korea and work again, I would get the same ARC number right? And I would just have pension money added into the same account, correct? |
short answer: yes and yes |
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lifeinkorea
Joined: 24 Jan 2009
Location: somewhere in China
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| Posted: Fri Mar 05, 2010 12:53 am Post subject: |
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| Thank you, I think I will just wait then. It's collecting interest anyway. |
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crisdean
Joined: 04 Feb 2010
Location: Seoul Special City
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| Posted: Fri Mar 05, 2010 1:35 am Post subject: |
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| lifeinkorea wrote: |
| Thank you, I think I will just wait then. It's collecting interest anyway. |
While I am quite certain of all of my previous answers, it probably wouldn't hurt for you to check out the NPS website |
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wylies99
Joined: 13 May 2006
Location: I'm one cool cat!
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| Posted: Fri Mar 05, 2010 1:42 am Post subject: |
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| lifeinkorea wrote: |
| Thank you, I think I will just wait then. It's collecting interest anyway. |
Are you sure that you get the interest? |
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lifeinkorea
Joined: 24 Jan 2009
Location: somewhere in China
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| Posted: Fri Mar 05, 2010 4:07 am Post subject: |
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| wylies99 wrote: |
| lifeinkorea wrote: |
| Thank you, I think I will just wait then. It's collecting interest anyway. |
Are you sure that you get the interest? |
Well, I got something from them last year that showed my balance at the time. Then at the bottom of that page there was a graph showing something that looked like it was explaining how much it would build up to with year graph.
I will speak with the pension people Monday and find out. |
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wylies99
Joined: 13 May 2006
Location: I'm one cool cat!
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| Posted: Fri Mar 05, 2010 7:33 am Post subject: |
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| lifeinkorea wrote: |
| wylies99 wrote: |
| lifeinkorea wrote: |
| Thank you, I think I will just wait then. It's collecting interest anyway. |
Are you sure that you get the interest? |
Well, I got something from them last year that showed my balance at the time. Then at the bottom of that page there was a graph showing something that looked like it was explaining how much it would build up to with year graph.
I will speak with the pension people Monday and find out. |
Please post the results. Thanks.  |
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