Laws › Employment Insurance Act › CHAPTER VI EMPLOYMENT INSURANCE FUND

Employment Insurance Act — Article 78 (Establishment of Fund and fund-raising)

고용보험법 제78조

This English translation is based on the Korean text effective 2025-10-01. The Korean law has since been amended (current version effective 2026-09-18) — check the Korean original.

(1) The Minister of Employment and Labor shall establish the Employment Insurance Fund (hereinafter referred to as the "Fund") to finance insurance programs. <Amended on Jun. 4, 2010>

(2) The Fund shall consist of insurance premiums and payments collected under this Act, reserve funds and the Fund’s earnings, and other money received from any other source.

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