ExpatWonMoney & Life in Korea

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Deadline for paying retirement benefits after leaving

14 daysdays from the date the entitlement arises

The most useful date to know on the way out, and the one most often replaced in conversation by 'next payroll run'. It also interacts badly with a departure flight: an employee leaving Korea a week after their last day can be gone before the statutory deadline even expires.

Applies to
Employers, on every departing employee entitled to retirement benefits
Review cadence
Checked once a year

What we have recorded

  1. 2026-09-18
    14 days

    Payable within 14 days of the date the entitlement arises. The period can be extended by agreement between the parties where there are special circumstances — an agreement, not a unilateral decision by the employer.

    Act on the Guarantee of Workers’ Retirement Benefits

One reading so far. This becomes a history the first time the figure moves while we are watching — which is the part that cannot be reconstructed later.

Guides that depend on this figure

When this figure moves, every guide above needs the same edit. That is why it is tracked here rather than copied into each one.