- WHICH FOREIGNER HAS SPENT MONEY IN INDIA REGISTRATION
- WHICH FOREIGNER HAS SPENT MONEY IN INDIA PLUS
WHICH FOREIGNER HAS SPENT MONEY IN INDIA REGISTRATION
Alien registration card of an insured person.
①Ěpplying before departing from Korea (for applicants in Korea).In principle, a foreigner who has the entitlement to Lump-sum Refund shall apply for his/her Lump-sum Refund in person however, in the case he/she stays overseas and is not able to visit any local office of the National Pension Service, he/she may either assign an agent to visit a local office to apply for the lump-sum refund or directly send required documents by postal mail. * The interest is calculated based on fixed deposit with 3-year maturity for the period beginning with the month immediately following the month in which he/she makes contribution and ending with the month in which the entitlement is effective.
WHICH FOREIGNER HAS SPENT MONEY IN INDIA PLUS
(As of March 1, 2023) Countries Paying Lump-sum Refund Visa, irrespective of nationalityīy Social Security Agreement (22 countries)Īvailable for at least a 6-month insured period (1 country)Īvailable for at least a 1-year insured period (7 countries)Īvailable Regardless of insured period (16 countries)Īn eligible foreigner is paid a Lump-sum Refund plus its interest, for the period corresponding to his/her insured period in the same way a Korean national receives Lump-sum Refund benefit.
For an insured period when a foreigner’s visa is either E-8 (employment for training), E-9 (non-professional employment), or H-2 (visiting employment). If a social security agreement on Lump-sum Refund has been concluded between a foreigner’s home country and Korea and. If a foreigner’s country grants Korean nationals a benefit corresponding to the Korean Lump-sum Refund. EligibilityĪ foreign insured person falling under any of the following conditions is entitled to a Lump-sum Refund A foreigner who submits an original copy of Certificate of Coverage under the SSA of the contracting state with which Korea has signed a social security agreement. a social security program equivalent to the Korea National Pension Scheme) does not mandatorily cover Korean nationals. A foreigner whose country’s pension system (incl. A foreigner who is excluded from National Pension Coverage by laws, including trainees (but, those employed after training are subject to coverage), international students, and diplomats. ※ Checking for Eligibility Eligibility by Country ( Attachment 1) Eligibility by Stay Status (Visa) ( Attachment 2) ※ Exclusions from Coverage A foreigner aged between 18 and under 60, who is not a Workplace-based Insured Person, shall be an Individually Insured Person. If a foreigner aged between 18 and under 60 is working in a workplace covered under the scheme, he/she shall be a Workplace-based Insured Person.
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