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Can I collect my pension without leaving the country?

 
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DoubleRS



Joined: 13 Oct 2008

PostPosted: Sun Sep 05, 2010 5:31 pm    Post subject: Can I collect my pension without leaving the country? Reply with quote

I've been working for a couple of years and could really use the extra money i've been paying into the pension. I will continue to work in Korea however.

Is there a way possible to withdraw the money now? Would there be any possible complications?

Thanks in advance.
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Ramen



Joined: 15 Apr 2008

PostPosted: Sun Sep 05, 2010 6:06 pm    Post subject: Reply with quote

I doubt it. Sorry. Crying or Very sad
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Sun Sep 05, 2010 6:48 pm    Post subject: Re: Can I collect my pension without leaving the country? Reply with quote

DoubleRS wrote:
I've been working for a couple of years and could really use the extra money i've been paying into the pension. I will continue to work in Korea however.

Is there a way possible to withdraw the money now? Would there be any possible complications?

Thanks in advance.


Not possible. You need to show your exit ticket (as well as passport, ARC and bank info) and they need to confirm the cancellation of your visa before they forward the funds.

.
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OculisOrbis



Joined: 17 Jul 2006

PostPosted: Sun Sep 05, 2010 6:52 pm    Post subject: Reply with quote

Yes, after you turn 60, you can start collecting your korean pension without leaving korea.
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DoubleRS



Joined: 13 Oct 2008

PostPosted: Sun Sep 05, 2010 9:24 pm    Post subject: Thank You Reply with quote

I appreciate the quick response guys. Smile
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