Korean Law in English
Laws › Act on the Guarantee of Employees' Retirement Benefits › CHAPTER IV DEFINED CONTRIBUTION PLANS

Act on the Guarantee of Employees' Retirement Benefits — Article 22 (Early Withdrawal of Reserves)

근로자퇴직급여 보장법 제22조

This English translation is based on the Korean text effective 2022-07-12. The Korean law has since been amended (current version effective 2026-09-18) — check the Korean original.

A participant of a defined contribution plan may withdraw his or her reserves early when a ground prescribed by Presidential Decree, such as housing purchases, occurs.

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