What is the pension system for Korean immigrants?

# 中中中 # Introduction In recent years, more and more people have chosen to emigrate to South Korea, and many elderly people have emigrated to South Korea to support their old age. So what is the pension system in Korea? Get to know each other together.

1. What about the pension system for immigrants to Korea?

1 Add Object

Since 1988, the national pension system has been implemented for employers and employees of units with more than 10 for the first time, and the scope of application has been gradually expanded. At present, all people aged 18 to 60 should join the national pension.

Moreover, foreigners who have Korean identity and live in Korea 18 to 60 years old, like Koreans, are subject to compulsory application of the national annuity.

2 Annuity rate

Its calculation method is to multiply the standard monthly income determined by the declaration or periodic decision when obtaining the qualification of participants by the insurance rate.

What is the standard monthly income?

The standard monthly income refers to the minimum amount of 230,000 won and 3.68 million won after deducting the deficiency of 1000 won from the monthly income declared by the participants in order to calculate the insurance premium and salary of the national annuity.

prompt

The payment period of annuity insurance premium is the following month 10.

Penalty for late payment

If the annuity insurance premium is not paid within the payment period, a late fee equivalent to 3-9% of the annuity insurance premium will be charged according to the overdue period.

3 collection standard

The standard of receiving a pension will vary according to the years of payment and the age at the time of receiving it. Next, I will sort out two collection standards that people with Korean identity will generally use.

1

Pension reduction

If people who have joined the WTO for more than 10 years but less than 20 years are not engaged in paid employment after the age of 60, they should get a certain proportion of the basic amount and the annual amount during the period of joining, plus the annual amount to maintain family life.

& lt Wage level of reduced pension during each joining period >

50% of the basic annual amount in 10+the annual amount of raising a family.

1 1 55% of the basic annual amount+the annual amount of raising a family.

..

65438+95% of the basic annual amount in 2009+the annual amount of supporting the family.

65438+20 years basic annual amount+000% of family support annual amount.

2

Early pension

People who have been insured for more than 0/0 years can receive an annuity even if they are under 60 years old if they do not engage in gainful employment after 55 years old.

& lt salary level of early pension at each starting age >

70% of the basic annual amount of 55 years old+the annual amount of family support.

56-year-old basic annual amount+76% of the annual amount of family support.

57-year-old basic annual amount+82% of the annual amount of family support.

The basic annual amount of 58 years old+88% of the annual amount of family support.

94% of the basic annual amount of 59 years old+the annual amount of family support.

South Korea's pension system includes all adult citizens, which is more universal and social and more in line with the basic requirements of social security. South Korea is the 13 1 country in the world that implements the national pension system. By 2000, the nominal coverage of Korean national pension reached 76%.

Where is the pension system in Korea?

Wide coverage, covering different occupations and different groups of people, reaching the national coverage of old-age care; South Korea's pension payment has the characteristics of diversity, and various factors are fully considered to formulate different types of pension payment methods, so that the insured can apply for different pensions according to their own income, physical condition and payment years. As a means of redistribution, the old-age insurance system strives to achieve fairness and justice. For example, the contribution rate of Korean national annuity is 9%, but the replacement rate of pension is different. The replacement rate of low-income people (usually 100%) is significantly higher than that of high-income people (usually 30% ~ 40%).

No wonder so many people choose to go to Korea for the elderly. Not only the mountains, the water and the air are good, but even the pension system is so good.

2. Interpretation of South Korea's new immigration policy

Fund investment and real estate investment can be carried out simultaneously.

According to the "public welfare investment immigration system" of the Korean government, applicants are allowed to buy real estate at the designated place first, but within less than five years after the investment, they will sell the real estate halfway and invest the funds in public welfare funds. As long as the total investment meets the investment requirements of the region, and there is no time difference in investing in the real estate fund of the public welfare fund, the total investment time before and after is more than five years, and permanent residency can be obtained after five years.

Reduce real estate investment

At present, the South Korean Ministry of Justice will lower the investment immigration threshold of Incheon from the current 65.438+05 billion won to 700 million won, and Pyeongchang will lower it from 65.438+00 billion won to 500 million won. In addition to Matsushima and Luo Qing, the investment and immigration systems in areas such as Meisan New Town and Yongzong Sky City in Incheon's Yongzong Island have also been loosened. The original system stipulated that an independent property right of a tubular holiday apartment should have at least five investors, but the new regulations were relaxed to 1. In addition, the investment immigration system area has also expanded from the original Meishan New Town to the whole Yongzong area.

According to Korea's new immigration policy, if the applicant has not invested in real estate within five years, but wants to sell the real estate for some reason, he is allowed to invest the funds in the public welfare fund. In addition, South Korea has also lowered the real estate investment in some areas, including Incheon from the previous 65.438+0.5 billion won to 700 million won, and Pyeongchang from 65.438+0 billion won to 500 million won.

3. What are the ways to immigrate to Korea?

Basic process

1. Evaluate and sign the property inspection agreement.

2. Visit South Korea and buy real estate approved by the government.

3. Real estate procedures

4. Sign the immigration agreement and prepare the visa information.

5. Go to Korea to submit visa information.

6. Obtain a residence visa

Required materials

1. Passport is valid for more than 6 months.

2. Photos: 6 2-inch photos (signed on the back of the photos)

3. Copy of ID card 1.

4. Personal data form: provide true and complete personal data, especially pay attention to the authenticity of the company phone number and the house phone number (the consulate will definitely investigate and verify), and pay attention to filling in the "identity" column accurately.