현재문서위치
Adoption Process
Adoption Process and Preparation for Retirement Pension
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- Analysis of the Company’s Retirement Benefit Scheme and HR status
- Financial Analysis
- Pension Plan Adoption Schedule
Support for pension adoption scheduling by analyzing the company’s status through financial analysis, etc.
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- Determination of the best pension plan model and contribution level, etc.
- Labor union and employee communication
- Plan design consulting reflecting
the company status - Termination liability estimation and
contribution calculation through
actuarial consulting. - Employee communication support
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- Labor management agreement on plan
adoption (consent from the employee
representative) - * Preparation and filing of the pension plan rules
- Employee consent communication
planning and support - Preparation and filing of the pension
plan rules
- Labor management agreement on plan
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- Contract with the retirement pension
service company - Pension and investment seminar and
communication, etc. - Participants confirmation and
contribution payment
- Contracting support
- Employee communication support
- Pension plan operation monitoring
support
- Contract with the retirement pension
- Retirement pension plan is adopted to help employees retirement planning. Therefore, it is important to design a pension plan reflecting needs of employees and through sufficient communication.
- The final goal of retirement pension is for happiness and stability of employees’ life after retirement. Hence, Kyobo Life provides support through its experienced experts for each step for successful adoption of the pension plan.
- * What is retirement pension rules?
Retirement pension rules are the paper determining details of your company’s retirement pension plan i.e. participant and participation period, calculation formula and payment conditions for retirement benefit, pension service provider and how to pay contribution.
- * What is actuarial service?
The service calculating how much contribution the company should pay to pay estimated retirement benefit after thorough and systematic calculation of termination liability. The estimation is based on the assumptions i.e. retirement rate and mortality rate.
