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.
What is the 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. 건설 근로자 공제회 퇴직금
※ However, it is paid only when the number of accrual days is 252 or more or workers aged 65 or older make a claim. 좋은뉴스
Scope of subscription to retirement deduction
Construction, electricity, telecommunications, firefighting, cultural property repair, public construction with a projected amount of 100 million won or more, and private construction with a projected construction amount of 5 billion won or more must sign up for retirement benefits and provide retirement benefits to workers.
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.)
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
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