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Serious Pension Question

 
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Vox_Populi



Joined: 04 May 2009
Location: Seoul, South Korea

PostPosted: Tue Jun 07, 2011 2:13 pm    Post subject: Serious Pension Question Reply with quote

This is a serious concern of mine so I would SINCERELY appreciate it if you only answer if you KNOW for certain that you have the actual LEGAL answer:

I've been offered a contract at a smaller hagwon. Everything seems great EXCEPT for one thing. They emailed me and told me that they don't participate in the pension scheme. Now, I was always under the impression that this was a legal requirement. Was I wrong?

Are they breaking the law by refusing to participate in the pension scheme?
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Tue Jun 07, 2011 3:56 pm    Post subject: Re: Serious Pension Question Reply with quote

Vox_Populi wrote:
This is a serious concern of mine so I would SINCERELY appreciate it if you only answer if you KNOW for certain that you have the actual LEGAL answer:

I've been offered a contract at a smaller hagwon. Everything seems great EXCEPT for one thing. They emailed me and told me that they don't participate in the pension scheme. Now, I was always under the impression that this was a legal requirement. Was I wrong?

Are they breaking the law by refusing to participate in the pension scheme?


they are breaking the law.
http://www.nps.or.kr/

.
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