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PENSION??!!

 
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hermes.trismegistus



Joined: 08 Sep 2005

PostPosted: Sat Jul 22, 2006 7:37 pm    Post subject: PENSION??!! Reply with quote

Hello! After 5 months of bullshit, my Director is finally getting my healthcare and pension (so she says!). I know that I will have to pay for my healthcare retro-actively, but i was wondering about my pension??
She claims that i will have to pay for the pension from the last 5 months, but i can't help but wonder if she is just trying to take more money from me?
Also, is there any way I can check to ensure that she actually has hooked up my pension?
Thanks a million!
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denverdeath



Joined: 21 May 2005
Location: Boo-sahn

PostPosted: Sat Jul 22, 2006 7:40 pm    Post subject: Reply with quote

Yes. Go to the pension office nearest you with your ARC and check.

http://www.nps4u.or.kr/eng/enpc.html?code=./enpc/b01.html

Just make sure that she matches the five month's of retroactive payments.
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Missile Command Kid



Joined: 17 Jul 2006
Location: Daegu

PostPosted: Sat Jul 22, 2006 8:20 pm    Post subject: Re: PENSION??!! Reply with quote

hermes.trismegistus wrote:
Hello! After 5 months of *beep*, my Director is finally getting my healthcare and pension (so she says!). I know that I will have to pay for my healthcare retro-actively...


Why do you need to pay for the healthcare retoactively? Why do you have to pay for months of health care coverage when you weren't covered? (Just curious.)
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plattwaz



Joined: 08 Apr 2005
Location: <Write something dumb here>

PostPosted: Sun Jul 23, 2006 12:09 am    Post subject: Re: PENSION??!! Reply with quote

Missile Command Kid wrote:
hermes.trismegistus wrote:
Hello! After 5 months of *beep*, my Director is finally getting my healthcare and pension (so she says!). I know that I will have to pay for my healthcare retro-actively...


Why do you need to pay for the healthcare retoactively? Why do you have to pay for months of health care coverage when you weren't covered? (Just curious.)


I believe it is because you are to be covered from the day you began employment -- and so even signing up late, you pay retroactively. You ARE covered for those previous months -- you just need to send the receipts in from any medical treatment you received in those previous months and you will be reimbursed for the costs that you paid above what you are covered for.

This is the same situation as having private coverage with an insurance company (such as SunLife, etc) in Canada.
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bnrockin



Joined: 27 Feb 2006

PostPosted: Sun Jul 23, 2006 12:17 am    Post subject: Reply with quote

I suppose this is as good of a place as any to ask this, but WHAT exactly is a pension and why do you have to pay it? Also I hear things about pension refunds and such as well-what's the deal with that?
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Thunndarr



Joined: 30 Sep 2003

PostPosted: Sun Jul 23, 2006 12:27 am    Post subject: Re: PENSION??!! Reply with quote

hermes.trismegistus wrote:
Hello! After 5 months of *beep*, my Director is finally getting my healthcare and pension (so she says!). I know that I will have to pay for my healthcare retro-actively, but i was wondering about my pension??
She claims that i will have to pay for the pension from the last 5 months, but i can't help but wonder if she is just trying to take more money from me?
Also, is there any way I can check to ensure that she actually has hooked up my pension?
Thanks a million!


If you are from the U.S. or Canada, it's in your best interest to make retroactive pension payments.
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hermes.trismegistus



Joined: 08 Sep 2005

PostPosted: Sun Jul 23, 2006 12:28 am    Post subject: Reply with quote

I know we pay healthcare retro-actively, but are we supposed to pay retro-actively for the pension as well?
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Thunndarr



Joined: 30 Sep 2003

PostPosted: Sun Jul 23, 2006 12:31 am    Post subject: Reply with quote

Again, if you are from the U.S. or Canada, why wouldn't you want to? You'll get your contribution back, plus what your employer puts in. Free money.
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alabamaman



Joined: 25 Apr 2006

PostPosted: Sun Jul 23, 2006 12:47 am    Post subject: Reply with quote

hermes.trismegistus wrote:
I know we pay healthcare retro-actively, but are we supposed to pay retro-actively for the pension as well?


http://www.npc.or.kr/social/index_en.html
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Mongo5



Joined: 22 Jun 2006
Location: Ha'an

PostPosted: Sun Jul 23, 2006 3:43 am    Post subject: Reply with quote

Hi I'm a newbe looking to nail down my Contract and I was hoping for some advice Smile.

I have been told by my School that because I am from NZ and NZ and Korea doesn't have a National Pension agreement I don't have to pay for it ?!?
I am 95% that even though I don't get anything back I still need to pay...

I have rewritten the contract to clearly include National Pension and Medical Insurance (as well as clearly outline what constitutes overtime, and require my agreement to any changes in working conditions). But I was just told that the original contract was "fine" and I should just sign it and send it away!

I'm really happy with the school and don't really want to cause too much trouble, but one of the teachers told me the old boss extended their hours in March. Any advice would be appreciated
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alabamaman



Joined: 25 Apr 2006

PostPosted: Sun Jul 23, 2006 7:22 am    Post subject: Reply with quote

Mongo5 wrote:
Hi I'm a newbe looking to nail down my Contract and I was hoping for some advice Smile.

I have been told by my School that because I am from NZ and NZ and Korea doesn't have a National Pension agreement I don't have to pay for it ?!?
I am 95% that even though I don't get anything back I still need to pay...

I have rewritten the contract to clearly include National Pension and Medical Insurance (as well as clearly outline what constitutes overtime, and require my agreement to any changes in working conditions). But I was just told that the original contract was "fine" and I should just sign it and send it away!

I'm really happy with the school and don't really want to cause too much trouble, but one of the teachers told me the old boss extended their hours in March. Any advice would be appreciated




http://www.npc.or.kr/social/index_en.html
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