Regulations for the Implementation of Annuity Insurance under the Labor Pension Act Article 22

Employers shall, within 7 days from a worker's resignation/termination, reinstatement, death, being on leave without pay, enlistment, suspension from duties or detention due to any court case, report/apply in writing to the insurer to commence or cease payment of the annuity insurance premium.In the event that an employer is required to make up the wages of a reinstated worker for the period of his/her suspension from duties or detention due to a court case, the employer shall make up the payment of the annuity insurance premium prior to the end of the month immediately after the month in which the worker is reinstated.When employers cease paying annuity insurance premiums in accordance with Paragraph 1, withholding of workers' voluntary payment shall simultaneously cease; provided, however, if the annuity insurance contract provides otherwise, such provision shall be complied with.If workers make voluntary payment in accordance with the proviso in the preceding Paragraph, the period of voluntary payment shall not be included in the years of service referred to in Article 42 herein.