国内政策【切换】 国际政策

Enforcement order of the "Act on the Collection of Insurance Premiums, etc.". Employment insurance and industrial accident compensation insurance [The implementation date is from Article 22 to Article 28 on October 1, 2019

Article 22 (Installment Payments of Estimated Insurance Premiums) (1) Installment payments of the estimated insurance premium referred to in Article 17 (3) of the Act shall be made quarterly, and the period for each quarter shall be classified as follows:

1. First quarter: From January 1 to March 31;

2. Second quarter: From April 1 to June 30;

3. Third quarter: From July 1 to September 30;

4. Fourth quarter: From October 1 to December 31.

(2) Notwithstanding paragraph (1), no estimated insurance premium shall be paid in installments, in cases of the following businesses:

1. A business for which an insurance relationship is formed after July 1 of the relevant insurance year;

2.A business with a fixed period, such as a construction project, which is less than six months.

(3) Where an insurance relationship is formed during the insurance year, the first quarter for installment payments of the relevant estimated insurance premium shall be classified as follows:

1. Where the insurance relationship is formed between January 2 and March 31: From the date the insurance relationship is formed to June 30;

2. Where the insurance relationship is formed between April 1 and June 30: From the date the insurance relationship is formed to September 30.

(4) The estimated insurance premium for each quarter shall be as follows:

1.The estimated insurance premium for each quarter specified in paragraph (1): A quarter of the estimated insurance premium for the relevant year;

2.The estimated insurance premium for each quarter specified in paragraph (3): The amount calculated by multiplying the estimated insurance premium for the relevant year, by the ratio of the number of days for the relevant quarter to the total number of days for the period from the date the insurance relationship is formed to the end of the year.

(5) A business owner who pays an estimated insurance premium in installments shall pay the estimated insurance premium for the first quarter by the payment deadline referred to in Article 17 (1) of the Act, and the estimated insurance premium for each quarter thereafter by the 15th day of the middle month of each quarter.

(6) A business owner who intends to pay an estimated insurance premium in installments pursuant to paragraphs (1) through (5), shall file an application therefor with COMWEL.

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]

Article 23 (Request for Correction of Estimated Insurance Premiums) (1) A business owner who intends to file an application to correct an estimated insurance premium pursuant to Article 17 (5) of the Act, shall submit a request for correction stating the following matters :

1. Name and address/residence of the applicant;

2. Amount of the estimated insurance premium before correction;

3. Amount of the estimated insurance premium after correction;

4. Reason for requesting the correction;

5.Any other matters necessary for explaining the reason for requesting the correction and grounds for calculation.

(2) COMWEL shall notify the applicant of the results of the request for correction of the estimated insurance premium, within two months after receipt of the request for correction referred to in paragraph (1).

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]

Article 24 (Adjustment of Insurance Premiums following Changes in Insurance Premium Rates) (1) Where COMWEL has reduced an insurance premium pursuant to Article 18 (1) of the Act, it shall notify the relevant business owner of the reduction, within 20 days from the date it has decided to lower the insurance premium rate.

(2) Where the amount already paid by a business owner exceeds the amount to be paid by the business owner as a result of the reduction of the insurance premium under paragraph (1), COMWEL shall decide to allocate or return the erroneously paid amount pursuant to Article 23 of the Act, and shall notify the business owner of its decision pursuant to Article 31 (3).

(3) Where COMWEL or the Health Insurance Service has increased an insurance premium pursuant to Article 18 (1) of the Act, it shall notify the relevant business owner of the payment of an additional insurance premium, specifying the payment deadline therefor.  <Amended by Presidential Decree No. 24077, Aug. 31, 2012; Presidential Decree No. 25629, Sep. 24, 2014>

(4) Upon receipt of notice of the additional payment of an insurance premium under paragraph (3), the relevant business owner shall pay the increased insurance premium by the payment deadline therefor: Provided, That where any justifiable grounds are deemed to exist, COMWEL or the Health Insurance Service may extend the payment deadline by up to 30 days only once.

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]

Article 25 (Standard for Reducing Estimated Insurance Premiums) "Standard prescribed by Presidential Decree" in Article 18 (2) of the Act means 30/100.

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]

Article 26 (Reporting, Payment, etc. of Finalized Insurance Premiums) @Articles 20 and 23 shall apply mutatis mutandis to reporting and payment of finalized insurance premiums under Article 19 (1) of the Act as well as to requests for correction of finalized insurance premiums referred to in Article 19 (7) of the Act.

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]

Article 27 (Special Cases concerning Collection of Insurance Premiums) "Any ground prescribed by Presidential Decree, such as where it is impracticable to obtain basic data, including a statement of accounts, required for computing insurance premiums" in Article 20 of the Act means where a business owner fails to comply with a request made at least twice by COMWEL for submitting basic data necessary for calculating insurance premiums, such as a statement of accounts; or where supplementation of submitted data has been requested because the data are significantly unreliable, but the data are not supplemented.

[This Article Wholly Amended by Presidential Decree No. 22408, Sep. 29, 2010]