Guide for Exemption Application under the Agreement between Korea and India
How to be exempted from Indian Pension Contributions (Social Security Contributions)
- If you are mandatorily covered by the Korean National Pension Scheme and detached to India, you can be exempt from Indian pension contributions, provided that you obtain "a Certificate of Coverage under Social Security Agreement" from the National Pension Service of Korea and submit or show it to the Indian agency.
- 1. A Request for a Korean Certificate of Coverage
- Your employer in Korea must request a Korean Certificate of Coverage.
- (1) Who requires a Korean Certificate of Coverage?
- ① An employee who is sent to work in India within a certain period of time (5 years) by an employer in Korea
- ② An employee who is sent to work in India by an employer in Korea within a certain period of time and the detached period is extended for a certain period (If a mutual agreement is concluded between the two countries, the exemption period can be extended.)
- (2) How to request a Korean Certificate of Coverage?
- ① The employer must request a Korean Certificate of Coverage by visiting the National Pension Service of Korea with the required documents or sending the required documents to the National Pension Service of Korea by mail or fax.
- National Pension Service, Center for International Affairs, 6th Floor, Kukmin-Yeonkum Building, 180, Giji-Ro, Deokjin-Gu, Jeonju-Si, JEONBUK STATE, 54870, Korea
- Fax (063)900-3404
- (3) Required Documents
- ① When you request the Certificate, you must submit an "Application for Certificate of Coverage under Social Security Agreement" and documents to confirm the employee's detachment such as a Detachment Order.
- ② An"Application for Certificate of Coverage under Social Security Agreement" form is available on our website -> Social Security Agreement -> Forms. You can also obtain this document by visiting NPS' regional offices.
- 2. Presentation of the Certificate of Coverage to the Indian Agency
- An employer who is responsible for paying pension contributions is exempt from paying social security contributions for the period specified on a Korean Certificate of Coverage under Social Security Agreement by submitting the Certificate to Indian "Employees' Provident Fund Organisation."
If a contributor has already paid contributions for the previous exemption period, within a certain period, he/she is able to request a refund according to the interior procedure. However, in some cases, there could be limitations on the period regarding retroactive exemptions, so we recommend that you request the exemption in time.
- An employer who is responsible for paying pension contributions is exempt from paying social security contributions for the period specified on a Korean Certificate of Coverage under Social Security Agreement by submitting the Certificate to Indian "Employees' Provident Fund Organisation."
How to be exempted from Korean National Pension Scheme
- If you are mandatorily covered by the Indian social security system and temporarily work in Korea, you can be exempted from the Korean National Pension Scheme, provided that you get "a Certificate of Coverage under Social Security Agreement" from an Indian agency and submit it to the Korean National Pension Service.
- 1. A Request for an Indian Certificate of Coverage
- - Your employer in India must request an Indian Certificate of Coverage.
- (1) Who requires an Indian Certificate of Coverage?
- ① An employee who is sent to work in Korea within a certain period of time (5 years) by an employer in India; or
- ② An employee who is sent to work in Korea by an employer in India within a certain period of time and the detached period is extended for a certain period (If a mutual agreement is concluded between the two countries, the exemption period can be extended.)
- (2) How to request an Indian Certificate of Coverage?
- - You must request a Certificate of Coverage to the Indian agency with the required documents according to its internal regulations.
- (3) Issuing Agency of Indian Certificate of Coverage
- Employees' Provident Fund Organisation(EPFO): (http://www.epfindia.gov.in)
- 2. Submission of the Certificate of Coverage to the Korean National Pension Service
- ① The following must be submitted by your employer if you are an employee; an "application of exemption" as well as an "Indian Certificate of Coverage under Social Security Agreement", and a copy of your identification to the International Center or the regional office by visiting or by registered mail (Because an original certificate must be submitted, a facsimile will not be accepted).
- ② If you submit an "Indian Certificate of Coverage under Social Security Agreement", you are exempt from Coverage under the Korean National Pension Scheme for the period shown on the same Certificate. If you have already paid contributions before you submit your certificate, the amount of the contributions already paid can be transferred to your due contributions or refunded. However, in accordance with the regulations of the National Pension Scheme, the right to request a refund of an over-collected amount is valid only up to 5 years from the day following the processing of a qualification change.
- ※ Information here on our web-site is a general guide. You can get more information about the Exemption of Coverage from the International Center of the NPS or from any regional office of the NPS.
