4 Major Social Insurance Information System: Who Qualifies and What You Get
Learn how to manage National Pension, Health Insurance, Employment Insurance, and Workers' Compensation through a single unified portal.
This system provides a single, unified digital platform for managing the four essential national insurance programs in South Korea. It allows for the streamlined administration of pension, health, employment, and accident coverage.
Who it's for
This system is designed for employers who manage staff and the employees working under them.
What you get
You gain access to a unified portal that centralizes the management of four key protections: National Pension, Health Insurance, Employment Insurance, and Workers' Compensation. This allows businesses to handle all essential social insurance requirements in one place rather than using multiple different systems.
What it costs you
Participation requires mandatory monthly contributions. These costs are split between the employer and the employee.
The catch to know
There are strict reporting timelines you must follow. If you fail to report a new hire within 14 days, you may face administrative fines.
How to apply
- Visit the official portal to access the management system.
- Register your business and staff details through the digital interface.
- Ensure all new hires are reported within the required two-week window to avoid penalties.