Today, we are going to learn about the Korea Labor Welfare Corporation Retirement Pension website. Let’s look at the necessary information, such as the homepage address and subscription conditions, how to view retirement pension, and the call center number.
The retirement pension system of the Korea Workers’ Compensation and Welfare Corporation is a system that allows small and medium-sized enterprises and workers with 30 or fewer employees to subscribe to retirement benefits through the Korea Labor Welfare Corporation. The link to the site is as follows.
>> Go to the Korea Labor Welfare Corporation Retirement Pension Homepage: 근로복지공단 퇴직연금 조회
https://pension.comwel.or.kr/websquare/?w2xPath=/pages/uti/HP00000001.xml 좋은뉴스
Labor and Welfare Corporation Retirement Pension Inquiry Method
1. Accessing the website
>Go to Korea Labor Welfare Corporation Retirement Pension
2. Log in by selecting either a joint certificate or Digital One Pass
– You can log in through your identity authentication without registering as a member.
3. For workers enrolled in retirement pension, select Retirement Pension Introduction > [Reserve Fund Management Status] menu
4. Check the status of reserve fund management in the asset status
5. View retirement pension products accumulated in My Retirement Pension Status
Labor and Welfare Corporation Retirement Pension Subscription Conditions
1. Available only to workplaces with 30 or fewer workers
2. DC type IRP retirement pension subscription available (DB type excluded)
Advantages of Korea Labor Welfare Corporation retirement pension
1. Low Fees
– An employer must pay a management fee once a year when signing up for a retirement pension at a bank. The Korea Workers’ Compensation and Welfare Service provides it for public benefit, so it lowers the burden of business owners with low fees.
– Example of fee> Assuming a monthly wage of 2 million won for a 10-person workplace, a profit rate of 3.5%, and a wage increase rate of 3%, the bank has to pay a fee of 1,169,585 won, but the Korea Labor Welfare Corporation pays about 220,000 won.
Examples of management fees
2. Simple registration process
– By simplifying the signup process, you can sign up for retirement pension directly on the website without visiting the Labor Welfare Service.
3. 30% reduction in retirement income tax
Employees receive tax benefits if they receive a pension by operating for a long period of time without receiving a lump sum. You can start pension after the age of 55 and receive a pension with a 30% reduction in retirement income tax.
How to join the Korea Labor Welfare Corporation retirement pension
1. The workplace and the worker agree to join the retirement pension.
2. Report the rules to the DC-type local employment and labor office.
3. The business operator and the Labor Welfare Corporation sign a contract.
4. The worker subscriber list is reported, and only workers who want to join can join.
5. After selecting an asset management company, fill out the form and submit it to the Corporation by mail or fax.
6. When the subscription to the retirement pension is completed, the contribution is transferred.
Labor Welfare Corporation Retirement Pension Call Center
– The representative call center numbers are 1661-0075, 1644-0083 (call charges are paid by the caller), and business hours are from 09:00 to 18:00 on weekdays (Mon-Fri).