보건복지부 영문홈페이지

As of International Migrants Day this year, 200 thousand foreigners are subscribed to the National Pension

 

 - 15 different languages are provided for foreigners

- 200 thousand foreigners are subscribed to the national pension, out of which around 1,500 are beneficiaries

- The Social Security Agreement came into effect in 24 countries while the negotiation for the agreement is either under preparation or in progress in 40 countries.-

 

National Pension Service (Chairman Jun, Kwang-Woo) informed that it has been expanding the national pension service for foreigners such as the language service for foreign workers and multicultural families and the consulting service line for foreigners, etc, celebrating International Migrants Day on 18 Dec.

 

The service now offers the subion information in 15 different languages in total starting from Nov. this year by adding Kirgiz language and Malay language to 13 languages it has already been providing since 2010.  

- (Service language) Chinese, English, Indonesian, Thai language, Singhalese, Japanese, Uzbek language, Mongolian, Russian, French, German, Spanish, Turkish, Kirgiz language, and Malay language

 

Chinese and Thai persons were hired in Feb. and have been working for the consulting service as there is the greatest demand for counseling service among Chinese and Thai people. Two consulting lines have been set up for foreigners and online pension consulting concerning the national pension is being offered in Chinese and Thai language.

 

Also, the National Pension Service is providing an online trilateral consulting service involving a foreign customer, foreign counselor and an official of the National Pension Service in 17 languages under MOU that it reached with the Korea Support Center for Foreign Workers in 2009.

 

205,000 foreigners are subscribed to the national pension as of end of Nov., 22 thousand up (12%) from 184 thousand in end of Oct. Particularly, the number of Chinese subscribers has increased by 18 thousand (24.7%).

 

 

*The number of foreign subscribers has increased by 11.8% (21,742) from 183,903 persons in end of Oct. and particularly, the number of Chinese subscribers is up by 24.7% (18 thousand).   

 

There are 1,473 foreign beneficiaries of the national pension and those with US nationality accounts for the most number of foreign subscribers to the old-age security benefit and those with Japanese nationality, the second. When it comes to the survivor’s annuity, Chinese come in first, followed by Vietnamese.

 

Beneficiary Status by Nationality (41 nations)

 

In the meantime, the National Pension Service allows foreigners to pay pension insurance premiums in their own countries only, freeing them from the burden of having to pay the premiums redundantly both in their own countries and in Korea through the Social Security Agreement with the concerned countries. It also enables foreign subscribers to secure their right as beneficiary for the pension by combining the period of pension premium payment made in their own countries and the period of premium payment made in Korea.

 

As the Social Security Agreement between Korea and India came into effect in Nov., the number of countries that Korea has concluded the agreement with has increased to 24, making the nation equal to US in terms of the number of the social security agreement partner countries.

* No. of countries with which the social security agreement was reached by other nations: US 24, Japan 12, Philippines 9, India 5 and China 2

 

The National Pension Service is preparing to implement the Social Security Agreement that it has reached with the Philippines and Spain, and is planning the reach the agreement with Norway and Quebec, Canada, etc. It will continuously reach out to more countries for the Social Security Agreement.

 

Social Security Agreement Status

 

Chairman Jun, Kwang Woo said, “We will make efforts to enhance service quality not just for native-born Koreans but also for foreign workers living in Korea and multicultural families settled here to ensure their post-retirement income,” in light of International Migrants Day on 18 Dec.