Main Contents of the Social Security Convention Between Korea and The U.K.
History of the Convention with the U.K.
- Mar. 1995 : Agreed on negotiating a Social Security Convention between Korea and the U.K.
- Aug. 1995 :Held the first round of Negotiation Meetings for the Convention in the U.K.
- Mar. 1996 :Held the second round of Negotiation Meetings for the Convention in Korea
- Aug. 1996 :Held the third round of Negotiation Meetings for the Convention in The U.K.
- Apr. 1999 :Signed the Convention on Social Security between Korea and the UK
- Dec. 1999 : Provided written notification to the UK that Korea has complied with all requirements for entry into force of this Convention
- Apr. 2000 :Held meetings for the Implementation of the Convention between Agencies of both countries
- May. 2000 :Received written notification from the UK that the UK has complied with all requirements for entry into force of this Convention
- Jun. 2000 : Signed the Administrative Arrangement of the Convention
- Aug. 2000 :Social Security Convention between Korea and the UK entered into force
Applicable Legislation
- With respect to Korea,
- (1) the National Pension Act and enforcement rules and regulations
- With respect to The U.K.,
- (1) the Social Security Administration Act 1992, the Social Security Contributions and Benefits Act 1992 and the Social Security (Consequential Provisions) Act 1992
- (2) the Social Security Administration (Northern Ireland) Act 1992, the Social Security Contributions and Benefits (Northern Ireland) Act 1992 and the Social Security (Consequential Provisions) (Northern Ireland) Act 1992
- (3) the Social Security Administration Act 1992, the Social Security Contributions and Benefits Act 1992 and the Social Security (Consequential Provisions) Act 1992 (Acts of Parliament) as those Acts apply to the Isle of Man by virtue of Orders made, or having effect as if made, under the Social Security Act 1982 (an Act of Tynwald)
- (4) the Social Insurance (Guernsey) Law, 1978
- (5) the Social Security (Jersey) Law, 1974, and the legislation which was repealed or consolidated by those Acts, Laws or Orders or repealed by legislation consolidated by them
Personal Scope of this Convention
- This Convention shall apply to any person who is or who has been subject to the legislation of either Korea or the UK, irrespective of his/her nationality. Therefore, any person such as a national of the contracting country, a stateless person, a refugee or a national of a third country who is or has been subject to the legislation of either contracting country shall be covered by this Convention.
- ¡Ø For more information, you may refer to the section Text of Convention
Exemption from Dual Coverage
- ¨ç In general, an employee is subject to the legislation of a contracting country in which he/she is employed.
- ¨è Where an employee is employed in both countries for the same period, the person is subject to the legislation of a contracting country in which he/she ordinarily resides.
- ¨é A self-employed person is subject to the legislation of a contracting country in which the person ordinarily resides.
- ¨ê Where a person is employed in the territory of one contracting country and is self-employed in the territory of the other country for the same period, he/she is subject to the legislation of a contracting country in which he/she ordinarily resides.
- ¨ë A detached worker is exempt from coverage under the legislation of the contracting country which he/she is sent to for less than 5 years if he/she is covered under the legislation of his/her home country.
- ¡Ø For more information, you may refer to the section Convention or Guide for Exemption Application
[Countries that employees and the self-employed pay their contributions to]
Type | Work Status | Coverage |
---|---|---|
Employee | Employed in the U.K. | |
- you are employed and working in The U.K. | The U.K. | |
- you are employed in Korea and sent to work in the UK for less than 5 years | Korea | |
- you are employed in Korea and sent to work in the UK for more than 5 years | The U.K. | |
- you are self-employed in Korea ordinarily residing in Korea and you are also employed in the UK | Korea | |
- you ordinarily reside in Korea but you are employed in both Korea and the UK | Korea | |
employed in Korea | ||
- you are employed and working in Korea | Korea | |
- you are employed in the UK and sent to work in Korea for less than 5 years | The U.K. | |
- you are employed in the UK and sent to work in Korea for more than 5 years | Korea | |
- you are self-employed in the UK ordinarily residing in the UK and you are also employed in Korea | the U.K | |
- you ordinarily reside in the UK but you are employed in both Korea and the UK | the U.K | |
Self-employed | Self-employed in The U.K. | |
- you ordinarily reside in Korea but are self-employed in the UK | Korea | |
- you ordinarily reside in Korea but are self-employed in both Korea and the UK | Korea | |
- you are employed in Korea ordinarily residing in Korea but are self-employed in the UK | Korea | |
Self-employed in Korea | ||
- you ordinarily reside in the UK but are self-employed in Korea | The U.K. | |
- you ordinarily reside in the UK but are self-employed in both Korea and the UK | The U.K. | |
- you are employed in the UK ordinarily residing in the UK but are self-employed in Korea | The U.K. |
Benefits under this Convention
- ¨ç Since the Convention on Social Security Between Korea and the UK is a Contributions-only Convention, there is no provision of Totalization of Periods of Coverage for the entitlement to benefit.
- ¨è Therefore, there is no pension benefits under the Convention, whether the payment is granted depends on the each country's legislation respectively.
- ¨é And a Korean Lump-sum refund is not paid to the nationals of U.K.
- ¡Ø For more information, you may refer to the section Convention
Agencies of this Convention
- As regards Korea,
- (1) National Pension Service (NPS)
- As regards the UK,
- (1) HM Revenue & Customs ¢¡ www.hmrc.gov.uk