Act for the Recruitment and Employment of Foreign Professionals Article 27

Foreign professionals, foreign specialist professionals, or foreign senior professionals who are employed, within the authorized staffing structure, as full-time, qualified, paid teachers, of the bilingual departments of public experimental senior high schools located in science parks within the State shall have matters related to their retirement, severance, bereavement compensation, and resignation-related refunds governed, mutatis mutandis, by the regulations applicable to public school teachers.Those who are subject to the mutatis mutandis application of the Retirement Compensation Act in accordance with the preceding paragraph, and who have been approved for permanent residency by the NIA, may opt to receive either a lump-sum pension payment or monthly pension payments. Where a person who opted to draw monthly pension payments has their permanent residence permit withdrawn or revoked by the NIA, their right to claim the payments shall be forfeited. However, this restriction shall not apply if the permanent residence permit is withdrawn or revoked as a result of restoration, acquisition, or concurrent possession of the nationality of the State.