Partial amendment to ACT ON THE GUARANTEE OF EMPLOYEES‘ RETIREMENT BENEFITS

The current law requires employers to impose a fine of not more than 10 million won if they do not r...

The

,

current

,

law

,

requires

,

employers

,

to

,

impose

,

fine

,

of

,

not

,

more

,

than

,

10

,

million

,

won

,

if

,

they

,

do

,

not

,

resolve

,

the

,

shortage

,

of

,

minimum

,

installments

,

which

,

is

,

the

,

amount

,

calculated

,

to

,

secure

,

the

,

ability

,

to

,

pay

,

the

,

retirement

,

pension

,

of

,

the

,

defined

,

benefitNevertheless