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 Home > Open Board > Notice/Announcement > NPS Lump-sum Refund Application-Guide

    NPS Lump-sum Refund Application-Guide
    Admin     2010/12/13 5:05 pm

 Procedures on how can Foreigners apply for Lump-sum Refund
Applying before departing Korea (If the applicant is in Korea)

The applicant should visit a regional office, having the following documents ready.

<Required documents>

- An Application for Lump-sum Refund (This form is available at any regional office.)
- His/her passport
- His/her Alien Registration Card
- A copy of bankbook or similar (registered in the applicant's name)
- A copy of an airline ticket.

(the date of departure has to be in less than a month from the date of the claim)
In the case that an applicant has been insured under an other public pension scheme since before July 23, 2007 and he/she had insured periods under the National Pension Scheme before being insured under the public pension scheme, he/she can receive his/her national pension contributions as a lump-sum refund if he/she submits a certificate of employment and a copy of a certificate of coverage.


Applying for a Lump-sum Refund if outside of Korea
An application can be made by an agent or mail.
(1) In the case of an application by mail in a foreign country

<Required documents>

- An application for Lump-sum Refund (it must be notarized from a notary's agency in the country where the applicant resides and be attested by the Korean embassy).

- A copy of bankbook or similar (registered in the applicant's name)

If the applicant applies for overseas remittance, an application for overseas remittance and a bank statement or void check which shows his/her name and account number are required.

- A copy of his/her passport


(2) In the case of an application by agent in a foreign country
In case that an applicant resides in a foreign country, he/she may apply for the benefit by notarizing his/her letter of attorney in the country where he/she resides and has it attested by the Korean embassy.

<Required documents>

- A letter of attorney (it must be notarized from a notary's agency in the country where the applicant resides and be attested by the Korean embassy).

An applicant should specify that he/she intends the agent in Korea to receive his/her lump-sum refund on behalf of him/her. In this case the applicant must provide a signed or stamped letter of attorney containing the agent's full name, address, etc.

An agent living in Korea who has received the letter of attorney should get their Korean-translated texts notarized again so the letter's contents can be generally identified.

- A copy of the applicant's passport

- An application for Lump-sum Refund

An applicant must fill out the "Application by Agent" section in the "Application for Lump-sum Refund" form and then notarize it in a notary's agency of the country where the applicant resides and attest it in the Korean consulate or embassy. If the applicant's letter of attorney is tested by a public notary in the country where he/she resides or a Korean consulate or embassy, the "Application by Agent" is not necessary.

- A copy of applicant's ID card (public documents issued by the government of the applicant's home country including a passport, social security card or other forms of identification)

- applicant's bank book (it must be notarized from a notary's agency of the country where the applicant resides and be attested by the Korean embassy)

Upload the Application Form below...


Last edited by Admin on 2010/12/13 5:15 pm; edited 1 time
    NPS Application Form for Proccessing Overseas Remittance
    Admin     2010/12/13 5:13 pm
  NPS Application Form for Proccessing Overseas Remittance.doc(75KB)  Downloaded: 2386


NPS Application Form for Proccessing Overseas Remittance.doc
 Filesize:  75 KB
 Downloaded:  2386 Time(s)
    NPS Application Form for Proccessing in Korea
    Admin     2010/12/13 5:12 pm
  NPS Application Form for Proccessing in Korea.doc(101KB)  Downloaded: 1948


NPS Application Form for Proccessing in Korea.doc
 Filesize:  101 KB
 Downloaded:  1948 Time(s)
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