NPS Lump-sum Refund Application Procedure

(If an applicant is a national from a country without a social security agreement with Korea)

Applying before departing Korea (If the applicant is in Korea)

The applicant should visit a regional office, having the following documents ready

<Required documents>
- An Application for Lump-sum Refund (This form is available at any regional office.)
- An Alien Registration Card
- A copy of bankbook or similar (registered in the applicant's name)
- A copy of an airline ticket.
(the date of departure has to be in less than a month from the date of the claim)
※ In the case that an applicant has been insured under an other public pension scheme since before July 23,
2007 and he/she had insured periods under the National Pension Scheme before being insured under the
public pension scheme, he/she can receive his/her national pension contributions as a lump-sum refund if
he/she submits a certificate of employment and a copy of a certificate of coverage.

Applying after arriving home or from another country (If the applicant is in overseas)
An application can be made by an agent or mail.
(1) In the case of an application by mail in a foreign country
<Required documents>
- An application for Lump-sum Refund (it must be notarized from a notary's agency in the country where the
applicant resides and be attested by the Korean embassy).
- A copy of bankbook or similar (registered in the applicant's name)
※ If the applicant apply for overseas remittance, an application for overseas remittance and a bank statement
or void check which shows his/her name and account number are required.
- A copy of passport

(2) In the case of an application by a relative living in Korea

※ The legitimate scope of relatives: spouse, lineal ascendants or descendants, siblings, parents in law, spouses of
lineal descendants, siblings in law.

<Required documents>
- An application for Lump-sum Refund
- A hand-written letter of attorney
- A copy of applicant's passport

In courtesy of SULYAPINOY
NPS Lump-sum Refund Application Procedure

- A family register document to confirm a relative's relations.

- An Alien Registration Card of the relative
- A copy of an relative's or a copy of applicant's bankbook or similar (registered in the applicant's name)
(If the applicants apply for overseas remittance, an application for overseas remittance and a bank statement
or void check which shows the applicant's name and account number are required)

(3) In the case of an application by agent in a foreign country

In case that an applicant resides in a foreign country, he/she may apply for the benefit by notarizing his/her letter of
attorney in the country where he/she resides and be attested by the Korean embassy.
<Required documents>
- A letter of attorney (it must be notarized from a notary's agency in the country where the applicant resides and
be attested by the Korean embassy).
※ An applicant should specify that he/she intends the agent in Korea to receive his/her lump-sum refund on
behalf of him/her. In this case the applicant must provide a signed or stamped letter of attorney containing the
agent's full name, address, etc.
※ An agent living in Korea who has received the letter of attorney and the document above should get their
Korean-translated texts notarized again so the letter's contents can be generally identified.- A copy of the
applicant's passport
- An application for Lump-sum Refund
※ An applicant must fill out the "Application by Agent" section in the "Application for Lump-sum Refund" form
and then notarize it in a notary's agency of the country where the applicant resides and attest it in the Korean
consulate or embassy. If the applicant's letter of attorney is tested by a public notary in the country where
he/she resides or a Korean consulate or embassy, the "Application by Agent" is not necessary.
- A copy of applicant's ID card (public documents issued by the government of the applicant's home country
including a passport, social security card or other ID)
- applicant's bank book (it must be notarized from a notary's agency of the country where the applicant resides
and be attested by the Korean embassy)

(4) In the case of application under the MOU through a social insurance institution of the beneficiary's
country
○ In order to improve efficiently, convenience and accuracy in paying benefits, a foreign national who has returned
to his/her home country can apply for a lump-sum refund through a social insurance institution of his/her country
with the same procedure in Korea.
- Person who affected by this way: A national returning his/her home country whose country has concluded the
MOU with Korea

In courtesy of SULYAPINOY
NPS Lump-sum Refund Application Procedure

- Benefits which can be applied for through this way: Lump-sum Refund, Lump-sum Death Payment or unpaid
benefits of the two.
- Institution receiving and sending an application for pension benefits: Social Insurance Institution of the
beneficiary's home country
- Institution paying benefits and making a notice of it: Korean National Pension Service
○ Country which has concluded the MOU with Korea
- Mongolia (signed on November 15, 2007, entered into force on November 26, 2007)
- The number of country concluding the MOU will be expended

- An Application for Korean Benefits

※ A national who is from a country which has a social security agreement with Korea must apply for the benefits
using an "Application for Korean Benefits under the Social Security Agreement between Korea and his/her
country" form.

- An Application for Overseas Remittance

In courtesy of SULYAPINOY