Asia and Pacific

Asia and Pacific

Code
ASI
Region type
Official

Extension of coverage to difficult-to-cover groups

In the current context of the pension scheme in Korea, low-income employees at small businesses have a higher risk of falling into a blind spot, not covered or benefiting from the social insurance, as they are reluctant to enroll due to the financial burden the pension contributions place on both employers and employees. The Korean society recognized the need to strengthen the social safety net for the vulnerable, particularly those at the lower end of the wage scale.

Toward 100% coverage: Proactive registration of non-Saudi workers

Registering employees as contributors in GOSI's (General Organization for Social Insurance) system as soon as they are employed by establishments is a vital step as it ensures the social security of those employees. Unfortunately employers sometimes are late in registering their employees, or the registration might contain missing or incorrect information, which can be detrimental to their wellbeing, and this usually happens to expatriate workers.