Act for the Recruitment and Employment of Foreign Professionals Article 24

Foreign professionals and foreign specialist professionals who engage in professional work shall be included in the retirement pension system under the Labor Pension Act. However, this shall not apply to those who obtained employment before the amendment to this Act, promulgated on August 29, 2025 takes effect and are still serving in the same business entity, if, within six months from the date of enforcement of said amendment to this Act, they submit to their employer a written declaration of their option to remain in the retirement pension system under the Labor Standards Act.Those who have once submitted to their employer in accordance with the proviso of the preceding paragraph a written declaration of their option to remain in the retirement pension system under the Labor Standards Act, may not thereafter change their option and opt instead for inclusion in the retirement pension system under the Labor Pension Act.For those included in the retirement pension system under the Labor Pension Act as provided for in paragraph 1, their service seniority prior to their inclusion in said system is governed by Article 11 of that Act.The employer shall complete pension contribution filing procedures with the Bureau of Labor Insurance, Ministry of Labor, for foreign professionals and foreign specialist professionals who are subject to the retirement pension system under the Labor Pension Act. For those referred to in the proviso to paragraph 1 who fail to declare within the period specified therein to remain in the retirement pension system under the Labor Standards Act, the employer shall file pension contributions no later than fifteen days after the expiration of that period.The preceding four paragraphs shall not apply to foreign professionals and foreign specialist professionals as referred to in paragraph 1 who were already covered by the Labor Pension Act prior to the enforcement of the amendment to this Act dated August 29, 2025, or who had made to their employer according to law a declaration to remain in the retirement pension system under the Labor Standards Act. Such professionals shall still be subject to the relevant provisions.A permanent resident who, at the time of the enforcement of the amendment to this Act promulgated on August 29, 2025, has not declared to their employer to remain in the retirement pension system under the Labor Standards Act in accordance with the proviso to paragraph 1 prior to its enforcement, or in accordance with paragraph 2 of Article 8-1 of the Labor Pension Act, may still so declare to their employer within six months from the date of enforcement of the said amendment, provided that the declaration period under the aforementioned proviso has not expired. If the permanent resident fails to make such declaration by this deadline, their pension contributions shall be filed by the employer retroactively effective from the date of their permanent residency approval.