(1) The daily wage applicable to an eligible recipient who was an insured self-employed person shall be computed by dividing the aggregated amount of remuneration, which is publicly notified under Article 49-2(3) of the Act on the Collection of Insurance Premiums for Employment Insurance and Industrial Accident Compensation Insurance and which forms the basis for computing the insurance premium paid by the eligible recipient during the period pursuant to the classification made under each of the following subparagraphs, by the total number of calendar days in such applicable period: <Amended on Jan. 15, 2021>
1. Where the insured period related to the eligibility for benefits is not less than three years: The insured period of three years before the last date of business closure;
2. Where the insured period related to the eligibility for benefits is less than three years: The insured period related to the eligibility for benefits.
(2) Notwithstanding paragraph (1), where the specified number of days for which benefits are payable under Article 69-6 is increased as a result of the insured period under Article 50(4) added up by an eligible recipient who used to be an insured self-employed person, the daily wage for the increased specified number of days shall be the daily wage computed pursuant to paragraph (1), and if the daily wage falls under any of the following subparagraphs it shall be the amount prescribed in each of the following applicable subparagraphs:
1. Where the daily wage fails to reach the minimum daily wage, the minimum daily wage;
2. Where the daily wage exceeds the amount prescribed by Presidential Decree pursuant to Article 45(5), the amount prescribed by Presidential Decree.[This Article Added on Jul. 21, 2011]