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Taelan28
Joined: 14 Jan 2014
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 Posted: Fri Feb 07, 2014 6:29 am Post subject: Claiming my pension. |
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| I've been in Korea for 4.5 years on an E-2 at 3 different schools and have yet to go back. When and how do I claim my pension? |
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dairyairy
Joined: 17 May 2012
Location: South Korea
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| Posted: Fri Feb 07, 2014 6:55 pm Post subject: |
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| What country are you from? Have you been teaching at public schools? Have you checked your pension balance with the pension office? |
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Taelan28
Joined: 14 Jan 2014
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| Posted: Fri Feb 07, 2014 7:09 pm Post subject: |
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america
only hagwons
no. wheres the pension office? i have time off in march to check it out personally. |
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Taelan28
Joined: 14 Jan 2014
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| Posted: Fri Feb 07, 2014 7:10 pm Post subject: |
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america
only hagwons
no. wheres the pension office? i have time off in march to check it out personally. |
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Wildbore
Joined: 17 Jun 2009
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| Posted: Fri Feb 07, 2014 7:33 pm Post subject: |
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How the heck can we tell you where the pension office is when you haven't even told us what city and dong you are in?
Also, maybe type in National Pension Korea in google, go to the website, and check for yourself. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Sat Feb 08, 2014 6:49 am Post subject: |
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| Taelan28 wrote: |
america
only hagwons
no. wheres the pension office? i have time off in march to check it out personally. |
http://english.nps.or.kr/jsppage/english/main.jsp = main site
http://english.nps.or.kr/jsppage/app/english/contact/contact_01.jsp = offices.
As an American you are entitled to a pension refund.
Having only worked in hagwons it is unlikely that you were ever enrolled into the NPS. (
-A good sign would be if you actually had some pay slips that showed a deduction for the NPS. (shows that you were probably enrolled and there should at least be some money on your account)
-Failure to have ever paid your share of the premiums (4.5% of your salary every month) is a bad sign that you were never enrolled and won't get anything back (a loss to you now of about 10 million won).
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dairyairy
Joined: 17 May 2012
Location: South Korea
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| Posted: Sat Feb 08, 2014 4:07 pm Post subject: |
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| Anyone can check on your pension balance at any time at any pension office with your ARC. If you're on vacation that's a great time to check. Those in hagwons should check constantly. Public schools are better about paying in but you can always check, anyway. Do it ASAP so you can take action, if necessary, before you are closer to leaving Korea. |
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wings
Joined: 09 Nov 2006
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| Posted: Sat Feb 08, 2014 6:30 pm Post subject: |
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| You should also get an official statement from the pension office every year sent to your work place. I got my last statement in November, it tells you how many months you have been paying in and how much you have in your account in total. |
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Taelan28
Joined: 14 Jan 2014
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| Posted: Mon Feb 10, 2014 4:06 pm Post subject: |
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| good news. ive been getting a pension the last 3 yrs. the previous 18 months nada. imma walk into work today and hug my boss. |
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Wildbore
Joined: 17 Jun 2009
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| Posted: Tue Feb 11, 2014 12:12 am Post subject: |
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| Taelan28 wrote: |
| good news. ive been getting a pension the last 3 yrs. the previous 18 months nada. imma walk into work today and hug my boss. |
So your boss has been screwing you for the last 18 months? |
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Died By Bear
Joined: 13 Jul 2010
Location: On the big lake they call Gitche Gumee
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| Posted: Tue Feb 11, 2014 2:12 am Post subject: |
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| Wildbore wrote: |
| Taelan28 wrote: |
| good news. ive been getting a pension the last 3 yrs. the previous 18 months nada. imma walk into work today and hug my boss. |
So your boss has been screwing you for the last 18 months? |
No his boss screwed him the first 18 months. |
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Taelan28
Joined: 14 Jan 2014
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| Posted: Tue Feb 11, 2014 7:53 am Post subject: |
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died by bear gets a gold star.
i hugged my boss. she was like wtf are you doing? i think she got the feeling that i was overpaid. if so she willingly did it. |
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Stain
Joined: 08 Jan 2014
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| Posted: Tue Feb 11, 2014 8:10 am Post subject: |
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| As with all claims, battle must occur. |
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