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A daily worker earning more than 2.2 million won a month… The company pays half of the national pension premium

Photo = Hankyung DB

From next year, daily and part-time workers with a monthly income of more than 2.2 million won will be enrolled in the National Pension Service as workplace insurers. The National Pension Service explained that this measure reduces the burden on workers by sharing the burden of insurance premiums with the company.

Until this year, daily/part-time workers were only able to sign up for workplace insurers if they worked 8 days a month or 60 hours a month or more while working for more than one month. If the number of working hours or days is insufficient, it does not qualify as a workplace registration, so the insured has to pay the full amount of the pension insurance premium equivalent to 9% of their income.

However, starting next year, an ‘income standard’ will be added to the workplace registration requirements, allowing workers to become a workplace subscriber if their monthly income is 2.2 million won or more, even if the number of working days or hours is insufficient.

The National Pension Service said, “According to the current standards, even workers who have worked for more than one month and earn more than 2.2 million won a month cannot be eligible for workplace membership if they only work 6 days a month, but they will be included as workplace subscribers from next year.” The user will bear half of the insurance premium, thereby reducing the burden of insurance premiums.”

This system improvement is intended to protect the rights and interests of daily workers who are excluded from workplace subscribers due to insufficient working days and working hours despite their income above a certain level, and related laws were amended in June of this year.

The National Pension Service said, “It is expected that about 93,000 daily and part-time workers will receive the benefits of workplace subscribers annually by lowering the threshold for joining the National Pension by improving the income-oriented workplace subscription application standards.”

By Kang Jin-gyu, staff reporter [email protected]

ⓒ Hankyung.com, unauthorized reprinting and redistribution prohibited

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