Labor rights - Social insurance

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Pension, health insurance, unemployment insurance, industrial disaster insurance

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Pension (국민연금)

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Pension must be paid. National pension rate is 9% of worker's paycheck.

Employer should clearly state in the contract how pension will be paid, They will take 50%(4.5% of workers' gross salary) from workers' paycheck and match it month to month. Same as worker, employer should pay same amount of worker's portion.

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Health insurance (건강보험)

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Health insurance must be paid, employer should enroll foreigner as a worker and employee's health insurance should begin within a couple of weeks of being in the company.

* health insurance only covers foreign worker who has acceptable VISA in 'Enforcement decree of the immigration act'.

This year (2023), Health insurance rate is 7.09% ( Worker - 3.545%, Employer - 3.545%)

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Unemployment insurance (고용보험)

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Principle - NOT paid

Exceptions- Paid (F-2, F-5, C-4, E-5, E-9, H-2, F-4 VISA ,

2023 Unemployment insurance rate is 2.05% (ex: Worker-0.9%, company under 150 workers)

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Industrial disaster insurance (산재보험)

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Employer must pay industrial disaster insurance in accordance with company's size and type of business.

Contact : 02-459-5453

email : joolaw_hr@naver.com