Korean Law in English
Laws › Act on the Guarantee of Employees' Retirement Benefits › CHAPTER IV-2 SME RETIREMENT PENSION FUND PLAN

Act on the Guarantee of Employees' Retirement Benefits — Article 23-4 (Utilization of Data)

근로자퇴직급여 보장법 제23조의4

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.

(1) The COMWEL may use data collected under the Employment Insurance Act, the Act on the Collection of Insurance Premiums for Employment Insurance and Industrial Accident Compensation Insurance, and the Framework Act on Labor Welfare within the scope prescribed by Presidential Decree to efficiently perform the following administrative affairs:

1. Guidance for subscription for the workplaces eligible to join the SME retirement pension fund plan;

2. Affairs prescribed by Presidential Decree to promote the convenience of employers and employees among the affairs referred to in the subparagraphs of Article 23-5 (1).

(2) Where the COMWEL requests data on the status of reporting on the rules for retirement pension plan under Articles 13 and 19 or reporting on abolishment of the rules for retirement pension plan under Article 38 to perform the duties under Article 23-14, the Minister of Employment and Labor may provide the relevant data.[This Article Newly Inserted on Apr. 13, 2021]

‹ Article 23-3All articlesArticle 23-5 ›

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