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sallymonster
Joined: 06 Feb 2010
Location: Seattle area
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 Posted: Mon Apr 09, 2012 8:15 pm Post subject: I have national health insurance, but no pension? |
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I've always read on here that NHIC health insurance and pension were tied together, so that if you had one you had the other (or something like that).
I have the national NHIC health insurance, and I have the card to prove it. However, I just checked my pension balance, and it hasn't received any contributions since June 2011, when I finished my previous job.
How is this possible? |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Mon Apr 09, 2012 10:03 pm Post subject: Re: I have national health insurance, but no pension? |
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| sallymonster wrote: |
I've always read on here that NHIC health insurance and pension were tied together, so that if you had one you had the other (or something like that).
I have the national NHIC health insurance, and I have the card to prove it. However, I just checked my pension balance, and it hasn't received any contributions since June 2011, when I finished my previous job.
How is this possible? |
They are not tied or linked together in a physical sense. However they DO have access to the other's records so they can check for law-breakers. Such as your employer would appear to be. However who knows when they will get around to checking YOUR file?
Your boss may not know the law or may be gambling that you will finish your contract and leave before they check your file and start asking questions.
So to answer your question that is how it is possible. Now the question is What do you plan to do about it? |
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Troglodyte
Joined: 06 Dec 2009
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| Posted: Tue Apr 10, 2012 12:49 am Post subject: |
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Tell the pension office about this.
Has your employer been making deductions from your salary? If so, then he's pocketing it. |
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Skippy
Joined: 18 Jan 2003
Location: Daejeon
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| Posted: Tue Apr 10, 2012 4:59 am Post subject: |
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Well I am too lazy to search but things that could effect are
Are you South African? If so you are not eligible to get.
Are you working for a private University? Good chance you might be registered with a private pension fund.
Are you an Independent Contractor? If your taxrate is 3.3 then you likely are. Well the boss might have made you one and through some dealings pays your health insurance, but avoids paying your pension. But if you are an IC both become YOUR responsibility.
Plus what did you previous contract or contracts say. I have seen an after school program contract offer health but no pension. Bet people signed without really reading it and assumed that they get both because there friend from another school got both.
So more details please and dig a bit deeper. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Tue Apr 10, 2012 5:54 am Post subject: Re: I have national health insurance, but no pension? |
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| sallymonster wrote: |
I've always read on here that NHIC health insurance and pension were tied together, so that if you had one you had the other (or something like that).
I have the national NHIC health insurance, and I have the card to prove it. However, I just checked my pension balance, and it hasn't received any contributions since June 2011, when I finished my previous job.
How is this possible? |
You work at a university.
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Tue Apr 10, 2012 6:47 am Post subject: Re: I have national health insurance, but no pension? |
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| sallymonster wrote: |
I've always read on here that NHIC health insurance and pension were tied together, so that if you had one you had the other (or something like that).
I have the national NHIC health insurance, and I have the card to prove it. However, I just checked my pension balance, and it hasn't received any contributions since June 2011, when I finished my previous job.
How is this possible? |
Hello Sally. You haven't provided enough details to know your situation, but here goes.
Recently you posted elsewhere that you currently work at a hogwan. You apparently were enrolled for both Pension and Health Insurance at your previous place of employment.
No Pension contributions have been made since you started your new job but you still have your old account and you have a Health Insurance Card.
Questions:
1) Is this the same Health Insurance Card you had at your previous job or is it a new one you received from your new job? Have you actually used your health insurance recently
2) Has your current workplace been deducting for Pension and/or Health Insurance? How much or what percentage rate?
3) Income taxes: How much or what percentage rate is being withheld?
4) What does your contract say about Pension and Health Insurance? And what does it say about you being "an Employee," "Independent Contractor" or something else?
5) Have you asked your boss? What did he or she say?
As far as the link between the National Pension and National Health Insurance, that is only for checking that you are enrolled in both. Since you actually have accounts for both, you are enrolled for both. So, this link will have no further affect.
In any case, some people are exempt from one or the other or both. There is a long list of exempt individuals on the enrollment form for the National Pension and other exemptions are also available but not listed: Over age 60, citizens from South Africa, enrolled in a University Pension Plan, enrolled in another elegible alternative Pension plan etc. I'm guessing that none of those apply to you.
Since you haven't mentioned that no deductions were being made and you since you are surprised that nothing has been paid in to your Pension account, it follows as an assumption that your boss is making deductions for Pension and Health Insurance from your monthly pay.
Possibilities:
1) There is a very small possibility that your Pension deductions and the matching amounts have been made but were somehow misapplied at the Pension Office. Perhaps you have two accounts in your name or the payments were applied to the wrong account. This is rare and unlikely, but it happens.
2) It's possible that your current boss has made the proper deductions and is just behind on payments. They could have registered you for Pension and Health Insurance as an employee and due to some financial difficulty they are behind on making payments to Pension and maybe both.
3) It's possible that your current boss signed you up for Health Insurance but not pension. Maybe using the delay to hold on to the cash till the end of your year. Maybe hoping you wouldn't notice and they could keep the money. Since you have an existing account, the Pension office may not have noticed that your new job didn't register you.
If my assumption above was wrong and your boss hasn't been making Pension deductions and may or may not have been making Health Insurance deductions as well, there are many other possibilities including the common situation of being registered as an Independent Contractor. This is a legal possiblity under current law on an E2 visa, although IC status may or may not be legitimate depending on your contract. |
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sallymonster
Joined: 06 Feb 2010
Location: Seattle area
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| Posted: Tue Apr 10, 2012 6:56 pm Post subject: |
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More details:
- I work at a hagwon
- I got a new national health insurance card when I started working for my current school.
- I read my contract again, and it doesn't mention pension. It does mention a tax rate of 3.3%, which I suppose could mean that I'm registered as an independent contractor. However, the contract also uses the word "employee" in reference to me.
- While I've always received my pay in my bank account on time, I haven't seen a pay slip in several months. Last time I did, I don't remember it mentioning pension deductions (I remember it listed deductions for taxes and health insurance). I'm guessing that my boss simply never deducted the pension.
- Other than this pension issue, my school has treated me well and, like I said, my pay has always been on time and in full (I make 2.2 million a month, and my take-home pay has been just over 2.0).
To be honest, I'm conflicted about reporting the pension issue. I won't finish my contract for another 3 months, and I'm slightly worried about losing other forms of compensation (like severance and flight). More than that, though, in today's employment market I'm going to need a good reference for future employers, and for that reason I want to keep a good relationship with my boss. Unfortunately, all too often being a whistleblower can work against you. (if someone can advise me on this that would be great) |
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matthews_world
Joined: 15 Feb 2003
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| Posted: Tue Apr 10, 2012 7:43 pm Post subject: |
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Always keep your pay stub for future reference.
They usually only give you one copy and can be used to give to your national government for tax purposes if you happened to get audited and as well to verify that you worked in said country.
And your nationality is...? |
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YTMND
Joined: 16 Jan 2012
Location: You're the man now dog!!
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| Posted: Tue Apr 10, 2012 8:19 pm Post subject: |
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| If you are owed pension, you can go to the pension office when you are at your next school. You will have to backpay your portion though (50% them, 50% you). |
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Mr Lee's Monkey
Joined: 24 Oct 2007
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