TEACHERS' PENSION

It refers to the transfer by the Government Employees Pension Service or the Minister of National Defense for the amount equivalent to the Retirement Annuity, Military Retirement Pension, Early Retirement Annuity or Survivor`s Pension that the retired people or their survivors are entitled to receive in accordance with the Military Pension Act in case that the beneficiaries of the Public Officials` Pension Act, Retirement Pension by the Military Pension Act, Military Retirement Pension or Early Retirement Annuity who were appointed as school staff and were granted the combined total employment period.

There is a retroactive combined total calculation for the service period of working for the school institution within the same corporate body up to the present without retiring (retroactive combined total calculation for the same corporate body), and there is a retroactive combined total calculation for the service period of working for the school institution of the corporate bodies other than the current one to which the current school institution belongs or for the service period prior to the re-appointed in case that a person retired once before and was re-appointed even within the same corporate body (retroactive combined total calculation for the other corporate bodies),

It is applied to all businesses of the whole businesses which are performed by the Foundation targeting the school institutions and school staff. In particular, it refers to the specific implementation standards that are applied when handling the businesses directly related to the operation of pension scheme defined in the Pension Act such as collection of contribution, determination and payment of all benefit and the whole businesses which are associated with the performance of welfare business for school staff.

It refers to those who were reported to the competent authorities for the employment by the provisions of Article 54 of the Private School Act.