in relation to Korea
in relation to Austria
This Agreement shall apply to any person who is or has been subject to the social security legislation of either contracting country and to other persons eligibility rights derived from such a person.
※ For more information, you may refer to the section Agreement
→ A person who is engaged in self-employment in both contracting countries is subject to the legislation of only the contracting country of which he/she is a resident.
Based on mutual agreement between two countries, those periods can be extended.
※ For more information, you may refer to the section Agreement or Guide for Exemption Application
Type | Work Status | Coverage |
---|---|---|
Employee | You are working in Austria | |
for an employer in Austria who hired you | Austria | |
for an employer in Korea who sent you to work in Austria for less than 5 years (Based on mutual agreement between two countries, those periods can be extended.) | Korea | |
for an employer in Korea who sent you to work in Austria for more than 5 years without extension of detached period | Austria | |
You are working in Korea | ||
for an employer in Korea who hired you | Korea | |
for an employer in Austria who sent you to work in Korea for less than 5 years (Based on mutual agreement between two countries, those periods can be extended.) | Austria | |
for an employer in Austria who sent you to work in Korea for more than 5 years without extension of detached period | Korea | |
Self-employed | You are self-employed in Austria | Austria |
You are self-employed in Korea | Korea | |
You are self-employed in both countries | Ordinary residence |
Even though your periods of coverage in one country are not sufficient to qualify for pension benefits, you may be eligible for benefits after this Agreement has entered into force. This is possible due to totaling the coverage of both countries.
Korean National Pension Benefits under the Social Security Agreement
Austrian Pension Benefits under the Social Security Agreement
※ For more information, you may refer to the section Agreement or Guide for Exemption Application
Korea
Austria
If you have periods of coverage in Korea and Austria but do not have enough periods of coverage under the Korean pension system to qualify for Korean old-age pension benefits (age of 60 or age of 55 for the early old-age pension), you may be able to qualify for Korean benefits by totaling Korean and Austrian periods of coverage.
Please refer to the following details about requirements for entitlement classified by types, eligible persons, the method of filling out the forms and required documents.
A claimant must submit an "Application for Korean Benefits under Social Security Agreement" to the NPS in Korea or to the relevant Agency in Austria.
At the time of applying for benefits by mail, we recommend that you are fully aware of the requirements for the Benefit Application by contacting the NPS by phone. In this way, you will ensure the proper preparation of the documents and avoid any unnecessary delays in payments.
You can download the form of "Application for Korean Benefits under the Korea-Austria Social Security Agreement"from our web-site or get it at the NPS regional office, the Embassy of the Republic of Korea Abroad, or the relevant Austria agency.
Eligible Persons
If you meet the following conditions for the benefits by totaling Korean National Pension periods of coverage and Austrian periods of coverage, you may be able to apply for the Korean old-age pension under the Social Security Agreement.
Type | Totalized period of Coverage | Age of the first benefit payment | Other Cases |
---|---|---|---|
Full Old-age Pension | 20 years or more | age of 60 (55) | less than 65, not engaged in income-earning activities |
Reduced Old-age Pension | from 10 years to less than 20 years | age of 60 (55) | less than 65, not engaged in income-earning activities |
Active Old-age Pension | 10 years or more | age from 60 to 65 (55-60) | engaged in income-earning activities |
Early Old-age Pension | 10 years | age of 55 | less than 65, not engaged in income-earning activities |
Special Old-age Pension | from 5 years to less than 10 years | age of 60 (55) | more than certain years of age |
Filling out the Application Form and Required Documents
If you want to apply for an old-age pension, you must fill out Part A (General information), Part B (Application for an Old-age Pension), Part H (To be signed by the applicant) on the "Application for Korean Benefits under the Korea-Austria Social Security Agreement"and submit it with the following required documents.
A copy of your Korean bank account information
※ If you want overseas remittance, you must fill out the Overseas Remittance section "7. Method of Payment of Benefit" on Part A and submit a copy of your foreign bank account information.
In the case of Early Old-age Pension
If you have any dependents supported by you,
※ If you have a certificate of disability registration falling under the 1st or 2nd degree based on the Korean Welfare of Disabled Persons Act prior to the date on which reasons of payment occur (e.g., the date when an old-age pensioner reaches pensionable age, when a disability pensioner has finished his/her medical treatment or a year and a half have passed since the first medical examination, or in the case of survivor pension, when the person who is/was a contributor dies), it is considered a document of verification of disability.
Eligible Persons
If you had lived with your ex-spouse for 5 years or more while your spouse was paying contributions, and your spouse is a beneficiary of old-age pension under the social security agreement, you may apply for a divided pension if you meet the following conditions for the benefits.
Filling out the Application Form and Required Documents
If you want to apply for a divided pension, you must fill out Part A (General information), Part C (Application for a Divided Pension), Part H (To be signed by the applicant) on the "Application for Korean Benefits under the Korea-Austria Social Security Agreement" and submit it with the following.
※ If you want overseas remittance, you must fill out the Overseas Remittance section "7. Method of Payment of Benefit" on Part A and submit a copy of your foreign bank account information.
Eligible Persons
If you have periods of coverage in Korea and come to be disabled while you are covered under the Austrian pension system, you may apply for the Korean disability pension under the Social Security Agreement.
Filling out the Application Form and Required Documents
If you want to apply for a disability pension, you must fill out Part A (General information), Part D (Application for a Disability Pension), Part H (To be signed by the applicant) on the "Application for Korean Benefits under the Korea-Austria Social Security Agreement"and submit it with the following required documents.
A copy of your Korean bank account information
※ If you want overseas remittance, you must fill out the Overseas Remittance section "7. Method of Payment of Benefit" on Part A and submit a copy of your foreign bank account information.
Documents to verify your history of disability
If the accident occurred while you were working
If you receive compensation from a person who caused you harm, you need the related documents
If you have any dependents supported by you,
Eligible Persons
A surviving dependent of the person who meets the following conditions can apply for a survivor pension.
Filling out the Application Form and Required Documents
If a person wants to apply for a Survivor Pension, he/she must fill out Part A (General information), Part E (Application for a Survivor Pension), Part H (To be signed by the applicant) on the "Application for Korean Benefits under the Korea-Austria Social Security Agreement" and submit it with the following required documents.
※ If you want overseas remittance, you must fill out Overseas Remittance section "7. Method of Payment of Benefit" on Part A and submit a copy of your foreign bank account information.
Documents to confirm the beneficiary's death
Documents to show the result of the first medical examination
If the accident occurred while working
If you receive compensation from a person who caused you harm, you need the related documents.
Eligible Persons
If you are an Austrian national and meet the following conditions, you may apply for a lump-sum refund under the agreement. However, once you have received a lump-sum refund, the insured periods concerned can be totalized for the Korean or Austrian pension systems.
Filling out the Application Form and Required Documents
If you want to apply for a lump-sum refund, you must fill out Part A (General information), Part F (Application for a Lump-sum refund or Death grant), Part H(To be signed by the applicant) on the Application for Korean Benefits under the Korea-Austria Social Security Agreement and submit it with the following required documents.
A copy of your Korean bank account information
※ If you want to receive overseas remittance, you must fill out Overseas Remittance section "7. Method of Payment of Benefit" on Part A and submit a certificate of your foreign bank account information.
For an application made because of leaving Korea
For an application made because of death
※ Other information regarding the lump-sum refund is available on our website -> National Pension -> National Pension Scheme -> Foreigners and Lump-sum Refund
Eligible Persons
If you are eligible for the Austrian pension by totaling the periods of coverage under the Korean and the Austrian pension systems, you are able to apply for Austrian benefits.(However, conditions of benefits vary depending on the type of benefits.)
Filling out the and Submitting the Application Form
A claimant can apply for Austrian pension benefits by contacting the Korean National Pension Service or through the following social security agency of Austria.
※ Information here on our website is a general guide. You can get more information from the relevant agency in Austria.