Construction Workers’ Mutual Aid Association severance pay, even if the accumulated days are less than 252 days, statute of limitations extended
Construction Workers Mutual Aid Association
The Construction Workers Mutual Aid Association is an organization for daily or temporary construction workers. Due to the domestic industrial structure, there is no choice but to have daily construction workers. In my case, I also worked for several months as a handyman at a construction site when I was in college. I received daily wages, and at that time, I did not even know that the construction site was so dangerous. Even today, construction day laborers have a hard time, but because they are not full-time workers, they cannot enjoy or even think about the various welfare benefits of the workplace that hired Haruna. For this reason, the Construction Workers’ Mutual Aid Association was created under the Framework Act on the Construction Industry, etc., and has been allowing workers to receive welfare benefits (retirement deduction, employment and training, loans, scholarships, camps, etc.). 건설 근로자 공제회 퇴직금
<Reference> Construction Workers Mutual Aid Association Welfare 좋은뉴스
Construction Workers Mutual Aid Association Retirement Mutual Aid Fund
The operating fund of the Construction Workers’ Mutual Aid Association is a mutual aid installment from the construction business owner who hired daily construction workers. Currently, it is 6,500 won per person for 8 hours a day. As a mutual aid installment, the mutual aid association is carrying out projects such as payment of retirement mutual aid funds, support for various welfare benefits, low-interest loans, and support for interest-free loans. The core business is the retirement mutual aid business. This is a business that allows construction day workers to receive severance pay.
Retirement Allowance Current Status and Existing Problems
A daily worker at a construction site cannot choose to join the Construction Workers Mutual Aid Association. You must participate in construction projects of a certain scale or higher as stipulated by law. In addition, the period of employment contract at the construction site must be less than one year. In addition, the combined deduction payment period must be 252 days or more. In addition, three conditions must be satisfied, such as being over 60 years of age.
<Reference> Requirements for Retirement Allowance
In a way, it is a short deduction period, but due to the above conditions, there are far more workers who actually pay only the deduction installment and actually do not receive the retirement deduction. As of 2020, about 4.84 million workers have paid mutual aid installments as of 2017, while about 800,000 members have completed 12 months of mutual aid installment payments, and about 4.05 million are less than 12 months old. About 84% are paid workers for less than one year. In particular, there are a total of 1.15 million workers aged 60 or older, who are eligible to receive the deduction, of which only about 150,000 workers are eligible for benefits of 12 months or more, and 1 million are less than 12 months. As a result, it was not possible to receive retirement benefits, which resulted in the continuous accumulation of reserves for the Construction Workers’ Mutual Aid Association.
<Reference> Current state of mutual aid installment payment
May 27, 2020 Relevant law revision enforcement
Due to the above irrationality, the related law has been amended. In the case where workers who worked for 12 months or more retired or reached the age of 60, insured workers who worked for less than 12 months can apply for and receive payments when they turn 65 years of age. In addition, even if the period of payment of the deduction installment is less than one year at the time of death, even if the child is less than 12 months old, it is now possible to receive benefits. In other words, deductions paid by the business owner in his/her name can be received regardless of whether they are over or under 12 months. Those who have had a history of paying deductions since 1998, but have died or have reached the age of 65 and have not received deductions, can apply and receive benefits. The statute of limitations for retirement benefits has been extended. Based on the date on which the right to receive payment occurred, it has been extended from the existing 3 years to 5 years.