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IRP Participation Guide

Other pension service providers’ participants can open IRP
at Kyobo Life!

Experience and compare different Kyobo Life Insurance service.

  • Make an IRP account at the homepage from below ‘participate in IRP’.
  • If you are curious of how to accumulate money for life after retirement with IRP,
    experience it with ‘design IRP’.
  • For other enquiries, please call retirement pension counseling team
    at 1588-0770. We have answers.

A. Open at retirement
The employee informs the company the selected IRP company
(Kyobo Life insurance) while filling in the retirement application form.
If the employee does not select a particular financial company for IRP,
retirement benefit Is transferred to the existing pension service provider’s
(kyobo Life insurance) IRP
* For Kyobo life DC participants,
the products that are currently invested in can be transferred to IRP
without cashing.
B. Open in advance during employment
Open an IRP through Kyobo Life IRP consultants or website.
During employment, make payments to IRP with extra cash and manage your
money with various Investment products for bigger benefits.
Notice

Papers required to signup for IRP

  • Receive a paper that can prove you are a retirement pension participant from your current retirement pension company.