The school has only recently adopted the national pension for it's employees. By law it should have been implemented long ago. National pension offices can be a bit slack at times, and overlook certain buisnesses. Maybe it did this with Gwangju Foreign school. Who knows, but for an Institution that supposedly prides itself as an International school ,the laws of the land with regards to financial advantage for it's emplyees should have been obeyed.
Hogwans and English Institutes always find ways to skirt the law and exploit their employees, but for Gwangju Foreign school to do this is unacceptable. ( otherwise it's nothing but second rate and money grubbing ) We the teachers all had a meeting with Mrs Holley about the national pension plan, and she had the temerity to say that permission was given for the school to not have to offer the National Pension. The only way a buisness can get out of having to offer the national pension is if it has an alternative scheme. The school had no such scheme, so there is no way it could have legally sidestepped it's obligations. Now only a cretin ,retard, brainless dickhead would stand infront of her employees, and brazenly lie about getting her special permission when in fact no such permission to suspend the national pension was ever given.
Stone the crows. It just goes to show how little class the Holley's have. I don't even think they know what the word class means. Totaly lacking in being professional too. More than anything it shows that their priorities are in to making money however which way they can and not in being educators.
A provision is for the employer to match the certain percentage deducted from one's paycheck for the National Pension so that come time for individuals from Canada, the U.S. and a few other countries to leave the country they recieve back all deductions doubled.
In effect it's obvious that the Holley's didn't offer the national pension plan from it's inception, because they were too cheap to make the matching contributions for the pension deductions.
It begs the question of why are they offering the National Pension now. Did President No Mu Young ring them up, and tell them to get on the ball, or are they facing an audit of some kind. It would sure be nice to know.
There is a lot of money those employees from Canada, and the U.S. who had been at the school for over three years could have accumulated if the Holleys had had the National pension. I have worked at a place that had the National pension plan, and my co-workers from Canada recieved lump sum payments of $5000 each for just over 3 years work. They recieved this on top of their severance. It's really low down scum that will deny it's employees the benefits that are theirs by right. Holleys are too busy lining their own pockets to be worried about matters like this that benefit their own emoloyees.
Downside of this shemozzle is "If they can lie about this, what else have they been lying about"
The pension fund is a controversial thing in Korean politics, because of the billions of dollars tied up in it. The government would like to get their hands on the money, and the politician who has the portfollio handling the pension has been critized for not using the proper means to increase the amount of money in the pot so to speak. Apparently he lost some money through an injudicious decision, and has been under scrutiny ever since.This is similar to Japan with the Post office savings. Seems as though the masses of people using the post office for savings exceeds the number of people using banks. Japanese politicians want to get their hand on the money as well, and this issue is a platform of all candidates come election time.
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School is not up to International standards by a longshot. It's no better than an overpriced hogwon. Unfortunately it's the only school in the Cholla provinces that has the courses and staff to direct and get a Korean student into an American university. Boy do the students paye through the nose for that priviledge.
Many students at the school do extra course work with tutors outside of the school or do programes on the computer at the school for in lieu of regular classes for which they pay a hefty sum.
Comments have been made by students that the Holleys should hire more staff to spread the load, so that the teachers aren't overburdened. Of course they wont, because that will dig into their precious pockets too much.
Many students from the school go to the Brigham Young university campus in either Hawaii or Utah. There is an affiliation between many students at the school and that particular university and it's campuses. I think it's quite unique that Brigham Young University is perhaps the cheapest private university in the U.S. It's very cheap for members of the faith associated with those univerities, and it's only a little more expensive for non members of that faith.
It's a wonder not more foreigeners or Koreans are willing to take advantage of the University and it's conditions.
There has been a celebrated case of a Korean women who did spend time at the university, and who returned to korea quite embittered because of her experience. The people at the university are very conservative. They don't smoke, drink or wear immodest clothing. Very strict code of behaviour required of attending students. It has been jokingly surmised that the said Korean women probably wore inmproper attire, and wasn't willing to adjust to the cultural constraints of the university. In public you can relax a little, but at Brigham Young unfortunately if you don't conform in behaviour atittude and whatever other way your are thought of as monkey in the zoo, and treated as such. it's no wonder this woman returned quite disliking of U.S. people and their culture.
So the Gwangju Foreign school has been guilty of defrauding a lot of it's employees of a lot of money. Now if that doesn't weigh heavily on their conscience, I pity them. They would make good psychopaths if they can brazenly break the law like this without batting an eyelid. The seem to have lost all sense of propriety
The pension, if the teacher's employer is honest with the payment of the matching 4.5% contribution leads to considerable payout for those who are eligible to recieve it.
A lot of English academies, and other institutions pocket the 4.5% from the employees paycheck without making the matching payment. Unfortunately many of the newer teachers in Korea get ripped off in this and many other ways by unscrupulous employers
The pension plan gives any eligible foreigener a good payout, if the place where he or she works has it, and is making the matching payments. Used to be that only a few countries had reciprocal agreements wherein their citizes where eligible for a payout. I don't know if it has changed all that much.
All public schools and universities are vigilant about putting their staff on the plan, but too many of the hogwons and other places like private schools try to stay away from it. There should be some consistency with the enfocing of it.
Teachers at Gwangju Foreign School can check to see if the correct matching payments were made with each deduction, at the Pension office in Gwangju. The staff at the Pension office are very accomodating and will gladly show you the status of your account. You will have to show some identification, and I would recommend you take your Korean I.D.
Ask the secretary to write out the directions, and show them to the taxi driver.
If the secretary is for some reason unable to write the directions, I'd suggest getting the parents of one of your students to do so, or failing that ask one of the senior students to help you. Whatever. You will have one hell of a time getting to the Pension office, unless someone writes the directions in Korean for you to pass to the taxi driver
If the secretary is for some reason unable to write the directions, I'd suggest getting the parents of one of your students to do so, or failing that ask one of the senior students to help you. Whatever. You will have one hell of a time getting to the Pension office, unless someone writes the directions in Korean for you to pass to the taxi driver
Once one has finished their contract, you have to inform the pension office and nominate an account into which you want your money deposited. An account in your home country is what's preffered, although certain individuals were able to get away with nominating an account in Korea. How they did that sure as hell beats me.
It would appear that the pension offices are flexible, and will bend to the wishes of the applicant, if of course the applicant is diplomatic. A little knowledge of Korean would be helpful too. Whatever. Anyone who goes and arogantly demands to get their money will get it, but they could make it as inconvenient as possible for you to collect.
Gwangju Foreign school should have instructions written in their handbook, to help teachers retrieve their money. Better still the school should send a staff member with the teacher when they go to the office to help the teacher retrieve the money as easily as possible.
That's not asking too much, but their is no money in it for the Holleys, so asking for help might be like trying to get blood from stone.
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