(1) A retirement pension trustee may entrust any person who satisfies all the following requirements (hereinafter referred to as "solicitor for retirement pension plans") with the services prescribed by Presidential Decree to establish retirement pension plans or solicit participants thereof (hereinafter referred to as "solicitation services"): <Amended on May 26, 2020>
1. He or she shall not be a person registered with the Minister of Employment and Labor pursuant to paragraph (2);
2. He or she shall have professional knowledge and satisfy the requirements prescribed by Presidential Decree;
3. Where the registration was revoked under paragraph (6), at least three years shall have passed since the date the registration was revoked.
(2) Where a retirement pension trustee entrusts the solicitation services for retirement pension plans under paragraph (1), he or she shall register the entrusted person with the Minister of Employment and Labor. In such cases, the Minister of Employment and Labor may entrust such registration affairs to an agency prescribed by the Ministry of Employment and Labor, as prescribed by Presidential Decree.
(3) A person entrusted with solicitation services under paragraph (1) shall be prohibited from engaging in the solicitation services of retirement pension plans unless he or she is registered under paragraph (2).
(4) No retirement pension trustee shall entrust any person with solicitation services other than those registered under paragraph (2) as solicitors for retirement pension plans.
(5) Matters necessary for the application, methods and procedures for registration, and any other matters for registration under paragraph (2) shall be prescribed by the Minister of Employment and Labor.
(6) In any of the following cases, the Minister of Employment and Labor may revoke the registration of a solicitor of retirement pension plans registered under paragraph (2) or suspend his or her solicitation services within the limit of six months:
1. Where he or she fails to satisfy each of the requirements prescribed in paragraph (1);
2. Where he or she violates any of the matters to be observed by the entrusted person under each subparagraph of paragraph (7).
(7) Where services are entrusted under paragraph (1), the entrusted person shall comply with the following:
1. He or she shall not re-entrust another person with the entrusted services;
2. Matters prescribed by Presidential Decree as necessary for the reasonable operation of retirement pension plans, such as prohibition of solicitation activities based on false information.
(8) If a person entrusted with the solicitation services under paragraph (1) fails to comply with the matters to be observed under paragraph (7), the retirement pension trustee shall revoke the entrustment of solicitation services.
(9) A retirement pension trustee shall manage solicitors for retirement pension plans in good faith so that they observe statutes or regulations; cause no harm to the sound trade order when providing the solicitation services; and establish standards for providing solicitation services for such purpose. <Amended on May 26, 2020>
(10) Article 756 of the Civil Act shall apply mutatis mutandis where any solicitor for retirement pension plans causes any damage to an employer or a participant while providing solicitation services. <Amended on May 26, 2020>