근로자퇴직급여보장법상 퇴직급여

Abstract

Korea's Employee Retirement Benefit Security Act is classified as retirement pay(retirement lump sum) and retirement pension.

since the mid-1990s many companies have introduced the annual salary that values performance and achievement of employee. Many companies have adopted retirement allowance divided by the settlement system of the middle.

As synthesis of the negative essential nature and partly paid, many legal disputes occurred and beside, Court precedents have been accumulated in.

However, this legal dispute is expected to be reduced due to revision of the Employee Retirement Benefit Security Act that retirement payment requirements have been enhanced by being limited to the intermediate settlement.

However, 40 years elapsed since the introduction of the retirement allowance system in 1961, the rapidly changing society and economic conditions have become a burden to users and have been not helpful for workers. Retirement pension system is introduced due to finance the retirement income loss and the lack of guaranteed entitlement of retirement allowance, such as financial management and personnel management as the cause of the restriction.

An amendment to the Employee Retirement Benefit Security Act takes effect from July 2012 and is activated by three reasons. First, Retirement pension system for new plants would be required to introduce. Second, Per subscriber becomes possible multiple choice of retirement pension system. Third, Requirement for interim settlement of retirement allowance is enhanced.

Retirement pension system is required sustained efforts for activation and improvement because The retirement pension system is the most efficient way to solve premature exhaustion of retirement allowance due to preparing for low fertility and aging society, lack of entitlement to retirement allowance system, the frequent turn over, interim settlement.