Thursday, August 08, 2013 - 
money / banking,survival tips
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money / banking,survival tips
No comments
A Departing Teacher's Checklist
2. Get Proof-of-Employment documents
3. Check your severance/bonuses
4. Check remaining vacation time
5. Find out your apartment vacancy day
6. Arrange transportation to your hometown
1. Apply in-person for a pension refund.
Ansan Pension Office: 259 Gwangdeok-daero, Danwon-gu, Ansan-si, Gyeonggi-do, South Korea
One month before your departure date, Go to the local pension office.
Bring along:
1. Plane ticket (one-way)
2. ARC
3. Passport
4. Cancelled check or banking information to transfer the $$$ overseas
5. Proof of employment (just in case)
Full spiel: http://english.nps.or.kr/jsppage/english/agreement/agreement_02_03_03.jsp#btn05
NPS will send yearly statements, but don't be complacent. It's a good idea to check the balance of pension accounts from time to time, ESPECIALLY if you have worked with more than one employer. A missed payment from a shady hagwon several years ago will delay the entire refund.
02-2176-8703, (ask for an English speaker)
2. Get a Certificate of Employment (재직증명서)
It will look something like this and should include a signature or red stamp
Teachers in Korea are required to prove previous experience in order to climb the pay scale at a different workplace. This can be nearly impossible to get later, and places are reluctant to accept other types of paperwork like contract copies or paystubs. Getting a copy (or several) now can really save you a headache later. It's not a good idea to wait until the last day, but don't expect the staff to post-date an official document to the final day of your contract.
* Other loose ends:
3. Check your severance amount if you have an unusual contract length (a partial year)
4. Check your remaining vacation time
5. Find out your expected apartment vacancy date:
http://www.youtube.com/watch?v=ELm1TgH8-nY
6. Arrange for any final transportation between the airplane and home.
