Application for Korean Benefits under the Agreement

If you have periods of coverage in Korea and Finland but don't have enough periods of coverage under the Korean pension system to qualify for Korean old-age pension benefits (pensionable age), you may be able to qualify for Korean benefits by totalizing Korean and Finnish periods of coverage.

• - Please refer to the following details about requirements for entitlement classified by types, eligible persons, the method of filling out the forms and required documents.
• - A claimant must submit an "Application for Korean Benefits under Social Security Agreement" to the NPS in Korea or to the relevant institution in Finland.
• - At the time of applying for benefits by mail, we recommend that you are fully aware of the requirements for the Benefit Application by contacting the NPS by phone. In this way, you will ensure the proper preparation of the documents and avoid any unnecessary delays in payments.
• - You can download the forms of "Application for Old Age/Divided Pension","Application for Disability/Survivor Pension" under the Korea-Finland Social Security Agreement from our web-site, get them at the NPS' regional office or the relevant Finnish Competent Institution.

Old-age Pension

• 1.Eligible Persons
  If you meet the following conditions for the benefits by totaling Korean national pension periods of coverage and Finnish periods of coverage, you may be able to apply for the Korean old-age pension under the Social Security Agreement.

Eligible Persons

Type	Totalized period of Coverage	Pensionable age	Others
Old-age Pension	10 years or more	Between age 61-65 (depending on the year of birth)	Between eligible age and 5 years, income should be less than certain amount. * If income is more than certain amount, payment will be reduced.
Early Old-age Pension	10 years or more	Between age 56-60 (depending on the year of birth)	Between eligible age and 5 years, income should be less than certain amount. * If income is more than certain amount, payment will be suspended.

※ The Korean national pension is gradually rising to age 65 by 2034

• 2. Filling out the Application Form and Required Documents
  If you want to apply for an old-age pension, you must fill out A (General information), B (Application for an Old-age Pension), D (Method of Payment of Benefit), F (To be signed by the applicant) on the "Application for Old Age/Divided Pension" under the Social Security Agreement and submit it with the following required documents.

• [ Required Documents ]
• · Your ID, such as an Alien Registration Card, together with your passport or your Resident Registration Card
• · A copy of your Korean bank account information
  • ※ If you prefer an overseas remittance, you must fill out the Overseas Remittance section D (Method of Payment of Benefit) and submit a copy of your foreign bank account information.
• · If you have any dependents supported by you,
  • -Documents to confirm your family relations: a Family Relations Certificate (a copy of Household Resident Register), a copy of the Registration of Korean National Residing Abroad, verification of residence, verification of de facto marriage status, etc.
  • -Documents to confirm special reasons for living separately : a remittance payment of the financial institution
  • - Documents to confirm your disability: a medical report of disability under the Agreement (a Finnish medical report is acceptable)

Divided Pension

• 1. Eligible Persons
  If you had lived with your ex-spouse for 5 years or more while your spouse was paying contributions, and your spouse is a beneficiary of old-age pension under the Social Security Agreement, you may apply for a divided pension if you meet all of the following conditions for the benefits.

• [ Required Conditions for Divided Pension ]
• (1) If you had lived with your ex-spouse for 5 years or more while your spouse was paying contributions;
• (2) When you divorce an old-age pensioner;
• (3) When your ex-spouse acquires old-age pension entitlement; and
• (4) When you reach eligible age for pension.

• 2. Filling out the Application Form and Required Documents
  If you want to apply for a divided pension, you must fill out A (General information), C (Application for a Divided Pension), D (Method of Payment of Benefit), F (To be signed by the applicant) on the "Application for Old Age/Divided Pension" under the Social Security Agreement and submit it with the following required documents.

• [ Required Documents ]
• · Your ID, such as an Alien Registration Card, together with your passport or your Resident Registration Card
• · A copy of your Korean bank account information
  ※If you prefer an overseas remittance, you must fill out the Overseas Remittance section D (Method of Payment of Benefit) and submit a copy of your foreign bank account information.
• · If you are a Korean national: documents to confirm your divorce such as a Family Relations Certificate (Certificate of Marital Relations), etc.
• · If you are a foreign national or a Korean national living overseas: documents to confirm the periods of marriage and occurrence of divorce such as a certificate of marriage, a certificate of residence report of overseas Korean nationals, or a confirmation of residence.

Disability Pension

• 1. Eligible Persons
  If you have periods of coverage in Korea and become disabled physically or mentally, you may apply for the Korean disability pension under the Social Security Agreement on condition of the first medical examination date and payment of contributions below.
• [ Required Conditions for Divided Pension ]
• ① (Condition of the first medical examination date)
•   The first medical examination date should fall on between the 18th birthday and the day before eligible date for old-age pension.
• - If the first medical examination happens while emigrating, losing Korean nationality, or foreigners staying outside Korea, they will not be eligible.
• - Periods for coverage of Government Employee Pension, Military Pension, Teachers Pension, Special Post Office Pension will be excluded.
• - Periods after eligible date for early old-age pension will be excluded.


• ② (Condition of payment of contributions)
•   The totalized periods between Korea and Finland should meet one of the following conditions.
• (i) The insured period is over 1/3 of the insurable period.
  • ※ Insurable period means the period between the following month of the 18th birthday and the preceding month of the first medical examination date.
• (ii) The insured period is over 3 years of the period, from 5 years prior to the first medical examination date to the preceding month of the first medical examination date.
  • ※ If unpaid period is over 3 years among insured period, the period will be excluded.
• (iii) Insured period is over 10 years.
• 2. Filling out the Application Form and Required Documents
  If you wish to apply for a disability pension, you must fill out A (General information), B (Application for a Disability Pension), D (Method of Payment of Benefit), F (To be signed by the applicant) on the "Application for Disability/Survivor Pension" under the Social Security Agreement"and submit it with the following required documents.

• [ Required Documents ]
• · Your ID, such as an Alien Registration Card, together with your passport or your Resident Registration Card
• · If you have any dependents supported by you,
  
  • - Documents to confirm your family relations: a Family Relations Certificate (a copy of Household Resident Register), a copy of the Registration of Korean National Residing Abroad, verification of residence, verification of de facto marriage status, etc.
  • - Documents to confirm special reasons for living separately : a remittance payment of the financial institution
  • - Documents to confirm your disability: a medical report of disability under the Agreement (a Finnish medical report is acceptable)
• · Documents to verify your history of disability
  • - Documents sent by the Finnish institution in relation to your disability (Medical report of disability, X-ray, CT or MRI film, etc.)
  • - A Medical report that verifies disability (This form was established under the social security agreement between Korea and Finland.)
• · If the accident occurred while you were working
  • - documents to confirm whether you are eligible for compensation under the Industrial Accident Compensation Insurance Act, the Labor Standard Act or the Seamen Law
• · If you receive compensation from a person who caused you harm
  • - the decision of the court or a copy of the settlement reached with the person who caused your disability.
• · A copy of your Korean bank account information
  • - If you prefer an overseas remittance, you must fill out the Overseas Remittance section D
    (Method of Payment of Benefit) and submit a copy of your foreign bank account information.

Survivor Pension

• 1. Eligible Persons
  A surviving dependent of the person who meets the following conditions on the day of death can apply for a survivor pension.

• [Required Conditions for Survivor Pension]
• (1) When a person with insured periods of 10 years or more dies.
• (2) When a person who is a beneficiary of the old-age pension or the disability pension with 1st or 2nd degree of disability under the Agreement dies.
• (3) When a person who meets the conditions of ① and ② dies.
• ① (Condition of payment of contributions)
•   The totalized periods on the date of death between Korea and Finland should meet one of the following conditions.
• (i) The insured period is over 1/3 of the insurable period.
  • ※ Insurable period means the period between the following month of the 18th birthday and the preceding month of the first medical examination date.
• (ii) Insured period is over 3 years during 5 years from the date of death.
  • ※ If the unpaid period is over 3 years among insured period, the person will not be eligible.
• ② (Condition of the date of death)
•   The person who meets the condition of ① and does not correspond with either of the following conditions
• (i) The insured period is over 1/3 of the insurable period.
  • - If the death happens while emigrating, losing Korean nationality, or to foreigners staying outside Korea; or
• (ii) Insured period is over 3 years during 5 years from the date of death.
  • - If the death happens during the coverage of Government Employee Pension, Military Pension, Teachers Pension, Special Post Office Pension.

• 2. Filling out the Application Form and Required Documents
  If a person wants to apply for a Survivor Pension, he/she must fill out A (General information), C (Application for a Survivor Pension), D (Method of Payment of Benefit), F (To be signed by the applicant) on the "Application for Disability/Survivor Pension" under the Social Security Agreement and submit it with the following required documents.

• [Required Documents ]
• · Your ID, such as an Alien Registration Card, together with your passport or your Resident Registration Card
• · Documents to confirm the beneficiary's death
  • - a Family Census Register, a medical report of death, a confirmation of the corpse, a certificate of death
• · Documents to verify your family relations: a Family Relations Certificate, a Certificate of Marital Relations, a copy of the Registration of Korean National Residing Abroad, Verification of Residence, Verification of de facto marriage status, etc.
• · Documents to confirm your surviving dependence status: a Certificate of Studentship, a Certificate of Holding Office, a Certificate of Medical Care, a copy of the Certificate of Business Registration, a copy of the Building Registration Certificate, documents to confirm special reasons for living separately, a remittance payment from the financial institution (communications and portal services), etc.
• · Documents to confirm disability: a medical report of disability under the Agreement (a Finnish medical report is acceptable)
• · If the accident occurred while working
  • - documents which verify whether you are eligible for compensation under the Industrial Accident Compensation Insurance Act, the Labor Standard Act or the Seamen Law
• · If you receive compensation from a person who caused you harm
  • - the decision of the court or a copy of the settlement reached with the person who caused your disability.
• · A copy of your Korean bank account information
  • ※ If you prefer an overseas remittance, you must fill out the Overseas Remittance section D (Method of Payment of Benefit) and submit a copy of your foreign bank account information.

Lump-sum refund

• Finnish nationals are not entitled to a Korean lump-sum refund in accordance with the Agreement.

Application for Finnish Benefits under the Agreement

• 1. Eligible Persons
  If you are eligible for the Finnish pension by totalizing the periods of coverage under the Korean and the Finnish pension systems, you are able to apply for Finnish benefits.
  (However, conditions of benefits vary depending on the type of benefits.)
• 2. Filling out and Submitting the Application Form
  A claimant can apply for Finnish pension benefits by contacting the Korean National Pension Service or through the following Competent Institution of Finland.

• · Competent Institution (http://www.etk.fi)

※ Information on our web-site is a general guide. You can obtain detailed information from the relevant competent institutions in Finland.