The Construction Workers Mutual Aid Association was established with the purpose of promoting the welfare of construction workers. It operates a severance pay system for construction workers (daily or temporary construction workers). Here’s a brief summary of how to apply for severance pay from the Construction Workers’ Credit Union to ensure a stable life for construction workers and who to apply for.
Hide Table of Contents
1 Construction Workers’ Mutual Aid Association severance pay
2 How to apply for severance pay for Construction Workers’ Credit Union
2.1 Construction Workers’ Mutual Aid Association Representative Website
3 Construction Workers’ Mutual Aid Association severance pay applications
4 How to open a bank account to prevent foreclosure of retirement funds
4.1 Easily organize cash receipt application, issuance, and inquiry methods (1 minute cut)
Construction Workers’ Mutual Aid Association severance pay
Daily construction workers receive severance pay when they retire from the construction industry. In other words, the Construction Workers Mutual Aid Association severance pay system refers to the severance pay they receive. If a worker works at a site subscribed to retirement deduction, the employer is obliged to report the number of working days of the worker and pays the deduction installment accordingly. Construction Workers’ Mutual Aid Association severance pay is paid by adding the accumulated mutual aid installments and the subsequent interest. Daily wage workers usually do not have a fixed job, so their lives can be unstable. This system was created to ensure a stable life for these workers. 건설 근로자 공제회 퇴직금
How to apply for severance pay for Construction Workers’ Mutual Aid Association 좋은뉴스
It is simple to apply for severance pay from the Construction Workers’ Credit Union. To apply, visit the branch or center of the mutual aid association near your residence, or apply by mail or fax. And you can also apply online. You can apply by mail or mobile phone, but to apply online, you need to verify your identity, such as joint certificate authentication or mobile phone authentication. The online application address is:
Representative website of Construction Workers’ Mutual Aid Association
Providing guidance services such as introduction to mutual aid association, improvement of employment of workers, stability of living, welfare promotion, retirement deduction, business status, etc.
Documents to submit are required, including an application for retirement mutual aid, all documents proving eligibility for application, and a copy of your ID. When applying, you must accurately enter personal information such as address and contact information in order to process your severance pay promptly. There is a possibility that you will be rejected due to insufficient documents, so please check in advance what documents are required before applying.
Construction Workers’ Mutual Aid Association severance pay application subject
In order to apply for severance pay for Construction Workers’ Credit Union, the number of accumulated days for severance pay must be at least 252 days. You must also be an insured person who has decided to retire from the construction industry. And you must meet the following requirements: The requirements are that the insured person started a new business independently, was employed in a business other than the construction industry, was no longer engaged in the construction business due to illness or injury, was employed as a full-time worker, and reached the age of 60. If the insured has reached the age of 65, has died, or has other reasons to be unable to continue to engage in employment, or proves that he or she has no intention to engage in employment, he or she is eligible to apply. The meaning of retirement here means leaving the construction industry permanently, not temporarily ending construction work or withdrawing from the site.
How to open a bank account to prevent foreclosure of retirement funds
The retirement allowance is paid in cash to the applicant through account transfer. Because they are paid in cash, foreclosure workers are likely to face significant embarrassment. In order to prevent such mishaps, you can be protected by opening a foreclosure prevention passbook. If you open a foreclosure prevention bankbook and use it as a receiving account, you can receive your severance pay without being seized. At Hana Bank and Woori Bank, you can make a bankbook to keep your retirement mutual aid fund. In Jeju, Gwangju, Shinhan Financial Investment, Gyeongnam, Daegu, Busan, Industry, Kookmin, City Bank, Nonghyup, Post Office, and Saemaul Vault, it is said that it is possible to open a foreclosure prevention bankbook called the Happiness Keeper Bankbook. To open a foreclosure prevention bankbook, you need a retirement deduction accumulation statement, so please go to a financial institution to receive it before visiting a bank.