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Will I Ever Receive My Pension?!

 
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kabrams



Joined: 15 Mar 2008
Location: your Dad's house

PostPosted: Wed Jul 28, 2010 10:17 pm    Post subject: Will I Ever Receive My Pension?! Reply with quote

I am currently in the process of trying to receive my 2010 pension.

Basically, a Mr. C of the Pension Office has told me that for some reason, their office cannot transfer the funds into my Korean NH bank account.

I called my bank and asked them if there were any issues, and they told me that I was good to go, and that there were no "holds" or "freezes" on my account.

After going back and forth, he still arrived to the conclusion that my NH account would not let their office deposit money into my account and FINALLY deduced that for some reason he cannot "put my number into his computer".

I called NH again, and was told there was no problem.

When I called Mr. C again, he offered to send me a check, but I have no idea if this random check will even be accepted in Japan.

1. Has this happened to anyone?
2. Has anyone ever used a Korean check from the pension office abraod?

Because I am living abroad, I am unable to go to any of the local banks to sort out the issues.
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Young FRANKenstein



Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)

PostPosted: Wed Jul 28, 2010 11:58 pm    Post subject: Re: Will I Ever Receive My Pension?! Reply with quote

kabrams wrote:
Because I am living abroad, I am unable to go to any of the local banks to sort out the issues.

Give him banking details for your bank in Japan (or back home). They can place funds into foreign banks, and have done so for many years. That's pretty much the way it's always been done because most people are gone from Korea when the Pension office decides to distribute the funds back to you.
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kabrams



Joined: 15 Mar 2008
Location: your Dad's house

PostPosted: Thu Jul 29, 2010 3:00 am    Post subject: Re: Will I Ever Receive My Pension?! Reply with quote

Young FRANKenstein wrote:
kabrams wrote:
Because I am living abroad, I am unable to go to any of the local banks to sort out the issues.

Give him banking details for your bank in Japan (or back home). They can place funds into foreign banks, and have done so for many years. That's pretty much the way it's always been done because most people are gone from Korea when the Pension office decides to distribute the funds back to you.


Unfortunately, the Japanese bank account is not in my name and, although being told I would be able to use that account, when it came down to it, I could not.

After a long battle and many phone calls between NH and NPS, they finally explained the problem to me: NPS did not update their electronic deposit system, meaning everyone who uses Nonghyup will have this exact same problem.

After dealing with me today, they said they are going to try to fix it "special" and so I'll see if it works.
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Troglodyte



Joined: 06 Dec 2009

PostPosted: Thu Jul 29, 2010 3:52 am    Post subject: Reply with quote

Are you ever going to work in Korea again? If so, just leave the matter. You can get your pension the next time you work here.
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kabrams



Joined: 15 Mar 2008
Location: your Dad's house

PostPosted: Sat Jul 31, 2010 7:35 am    Post subject: Reply with quote

Troglodyte wrote:
Are you ever going to work in Korea again? If so, just leave the matter. You can get your pension the next time you work here.


They fixed the problem, and no I don't think I am ever going to work in Korea again. Smile
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Mirabilis85



Joined: 09 Oct 2008
Location: Seoul

PostPosted: Mon Aug 02, 2010 10:13 pm    Post subject: Reply with quote

I also have NH and Im planning to have my pension refunded to that account when I leave in a matter of weeks. Has the problem been fixed for good :O!?
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