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ginger7
Joined: 17 Jun 2006
Location: Daegu
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 Posted: Mon Aug 14, 2006 7:41 pm Post subject: Pension Question |
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This has probably been covered before, but I cannot find it readily in a search of the forums.
The school I am ready to sign with does not have anything about pensions in their contract. I asked the recruiter and she said that only 30% of schools offer pensions with their benefits--and that this school was not part of that 30%.
Is this true? Should I just accept it if they do not offer it to me? Or should I press the matter? |
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John Henry
Joined: 24 Sep 2004
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| Posted: Mon Aug 14, 2006 7:43 pm Post subject: |
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It's the law. Thye have to.
But depending on your notionality, you may not get it back. It may be in your interest to not have a pension. |
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ginger7
Joined: 17 Jun 2006
Location: Daegu
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| Posted: Mon Aug 14, 2006 7:45 pm Post subject: |
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I am American.
How do I go about telling them that it is mandatory? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Aug 14, 2006 7:53 pm Post subject: |
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| ginger7 wrote: |
I am American.
How do I go about telling them that it is mandatory? |
Don't bother.
If they are willing to break that law, then you will probably get screwed in other ways as well. No pension means they probably don't have national health insurance either (despite what the contract says) cause health insurance flags you for pension.
Did you talk to the current staff about what they do and don't get??? |
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John Henry
Joined: 24 Sep 2004
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| Posted: Mon Aug 14, 2006 7:55 pm Post subject: |
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They already know it's mandatory, they're just jerikng you around cuz they don't want to pay.
Honestly, you probably don't want to work there if they are already pulling this crap.
Korea's pension company has a website explaining it, but I'm not sure what it is. Also, you can call your embassy, etc.
I'd just move on though. Not worth fighting with your boss already. |
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ginger7
Joined: 17 Jun 2006
Location: Daegu
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| Posted: Mon Aug 14, 2006 8:00 pm Post subject: |
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I'm waiting to hear back from the current and former teachers before I move forward. The recruiter also recommended that I ask a teacher.
And the contract does provide healthcare. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Aug 14, 2006 8:12 pm Post subject: |
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| ginger7 wrote: |
I'm waiting to hear back from the current and former teachers before I move forward. The recruiter also recommended that I ask a teacher.
And the contract does provide healthcare. |
Just cause the contract says healthcare... if they don't pay pension, they probably DO NOT pay into the national health care plan. If they did then the pension office would know about you and enroll you as well.
Not A, then probably not B.
If they are willing to flout/break the law, what makes you think they will honor your contract? |
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ginger7
Joined: 17 Jun 2006
Location: Daegu
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| Posted: Mon Aug 14, 2006 8:14 pm Post subject: |
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Good point. I was just really hoping that this would work out.
The school even offered me more money and I thought I had a really good rapport with the director. |
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prairieboy
Joined: 14 Sep 2003
Location: The batcave.
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| Posted: Mon Aug 14, 2006 8:55 pm Post subject: |
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Contact the NPC and the NHIC as soon as possible.
Let them handle it. The government agencies will take care of it for you.
Cheers |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Aug 14, 2006 9:53 pm Post subject: |
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| prairieboy wrote: |
Contact the NPC and the NHIC as soon as possible.
Let them handle it. The government agencies will take care of it for you.
Cheers |
Government agencies won't do anything for her if she has NOT signed a contract, does NOT have a visa and is NOT in Korea yet.
Signing a contract with full knowledge beforehand that you will have to have a fight with your boss and involve the government agencies concerned over things like this does NOT bode well for a good relationship or a good year.
Better to aviod it NOW before it ever becomes an issue or a fight.
Find another school. |
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canuckistan
Mod Team
Joined: 17 Jun 2003
Location: Training future GS competitors.....
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| Posted: Mon Aug 14, 2006 11:52 pm Post subject: |
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Find another school.
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Or try to leverage them with the perfectly reasonable "Why on god's green earth would I want to forgo important benefits accorded to me under Korean law?"
They may buckle. But check their homework if they do--just for fun you can always try to slide a clause into your contract that if they fail to pay into pension/NHP they break the contract and you go free.
If they won't put much in writing, that will tell you a lot about their intentions to honour a verbal promise. |
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prairieboy
Joined: 14 Sep 2003
Location: The batcave.
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| Posted: Tue Aug 15, 2006 1:54 am Post subject: |
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| ttompatz wrote: |
Government agencies won't do anything for her if she has NOT signed a contract, does NOT have a visa and is NOT in Korea yet.
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Didn't read that part.
Good point about leveraging the school with it, let them know that you know Korean law. You might however tick them off by doing this so keep looking, probably the best advice. |
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