Retirement Allowance Application
Qualifications for application (Article 14 (1) of the Act on the Improvement of Employment of Construction Workers)
If the accumulated days are more than 252 days and the following reasons for retirement occur among insured persons who retired from the construction industry
※ However, if you are over 65 years of age or deceased (claim for survivors), you can apply even if the number of accumulated days is less than 252 days.
In case the insured person started a new business independently
If you are employed in a business other than construction (manufacturing, service, etc.) 건설 근로자 공제회 퇴직금
If you are hired as a full-time worker with no fixed period
If you are unable to work in the construction industry due to injury or illness 좋은뉴스
If the insured person reaches the age of 60
In case the insured with less than 252 accrued days reaches the age of 65
In case the insured person dies
If there is a reason why you can no longer engage in other construction businesses or you prove that you have no intention to engage in the construction industry
1. What is the Construction Worker Retirement Allowance System?
If a daily or temporary construction worker works at a construction site that is a member of the retirement benefit system, the construction company is
If you report the number of working days and pay the corresponding mutual aid installment, the mutual aid association pays the retirement mutual aid when the worker retires from the construction industry.
2. What is construction worker retirement allowance?
This is money that daily and temporary construction workers can receive when they retire from the construction industry, and it is the amount paid by adding interest to the mutual aid installment accumulated according to the number of days worked at the site where the retirement benefit is subscribed.
※ However, it is paid only when a worker who has accumulated 252 days or more or is over 65 years of age makes a claim.
. Scope of subscription to retirement deduction
Construction, electricity, telecommunications, firefighting, cultural heritage repair, public construction with an estimated construction value of 100 million won or more, and private construction with an estimated construction value of 5 billion won or more must sign up for retirement benefits and provide retirement benefits to workers.
4. Scope of applicable workers
Retirement deduction for daily and temporary workers whose labor contract period is less than one year working at the site where the retirement deduction is subscribed
These are eligible workers.
※ There are no restrictions on the nationality, age, affiliation and occupation of the worker.
5. Relevant laws and regulations
Construction Workers Act Article 11 (Scope of Insured Persons)
Construction workers working at businesses or workplaces subscribed to the retirement allowance are eligible for the retirement allowance, except for those who fall under any of the following subparagraphs:
1. A person whose working hours are less than the standard set by the Ordinance of the Ministry of Employment and Labor
2. Persons prescribed by the Presidential Decree in consideration of the type of employment, period of employment, type of occupation, etc.
Article 14 of the Enforcement Rule of the Construction Workers Act (Those who cannot be insured)
In subparagraph 1 of Article 11 of the Act, “a person who falls short of the standards prescribed by the Ordinance of the Ministry of Employment and Labor” refers to workers whose prescribed working hours per day are less than 4 hours and their prescribed working hours per week are less than 15 hours.
Article 11 of the Enforcement Decree of the Construction Workers Act (Scope of Persons Who Cannot Be Insured)
“Person prescribed by Presidential Decree” in subparagraph 2 of Article 11 of the Act means a person who falls under any of the following subparagraphs:
1. Full-time workers hired without a fixed period
2. Workers hired for a fixed period of one year or more
Article 10 of the Construction Workers Act, Article 6 of the Enforcement Decree of the same Act
Article 87 of the Framework Act on the Construction Industry, Article 83 of the Enforcement Decree of the same Act