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lump sum refund

 
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mzeno



Joined: 12 Oct 2008

PostPosted: Thu May 03, 2012 8:51 pm    Post subject: lump sum refund Reply with quote

Is it true that you can only get the cash refund of pension at the airport if you are returning to your home country? What is the best way to receive that if you are not returning to home country? thanks.
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luckylady



Joined: 30 Jan 2012
Location: u.s. of occupied territories

PostPosted: Fri May 04, 2012 12:29 am    Post subject: Re: lump sum refund Reply with quote

mzeno wrote:
Is it true that you can only get the cash refund of pension at the airport if you are returning to your home country? What is the best way to receive that if you are not returning to home country? thanks.


???

you don't get it at the airport at all (where did you hear that exactly??) - it's wired into whatever bank acc you provide to the pension office - I've always received mine in a Korean bank acc but others have had it wired overseas as well -

you DO have to show a tkt that is going out of the country in order to apply for the refund however, or they won't refund it to you.
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banjois



Joined: 14 Nov 2009

PostPosted: Fri May 04, 2012 2:08 am    Post subject: Re: lump sum refund Reply with quote

luckylady wrote:

you don't get it at the airport at all (where did you hear that exactly??)


The option is offered on the website for the pension office. I'm curious about this myself...
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mzeno



Joined: 12 Oct 2008

PostPosted: Fri May 04, 2012 4:12 am    Post subject: Re: lump sum refund Reply with quote

luckylady wrote:


you don't get it at the airport at all (where did you hear that exactly??)


Late last year i received a brochure from NPS that outlines the airport option & today i spoke with a lady who verified it.
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