TEACHERS' PENSION

REQUIREMENT

• Livelihood Funds Loan : Over 1 yr school personnel’s working period
• Happiness Loan

  Guide for types of Happiness Loan

  Classification	Type
  Newlywed Loan	Engaged or married Teachers 6 months before and 2 years after marriage
  Preschooler	Teachers with supporting children under the age of six
  Childcare loan for more than 3 children	Teachers with at least three children and at least two children under the age of 19
  Assurance (disability) Loan	Teachers with or caring for persons with disabilities Person with disability : Self, spouse, children, direct family (self, spouse) ※ Direct family : Support for more than 6 months
  Single-Parent Family Loan	Single-mother or single-father families
  Elderly Support Loan	Teachers supporting one's elderly parents Teacher or spouse is continuously supporting(appearing) a direct ancestor(person aged 65 or older) in the resident registration for at least the last six months
  Maternal Leave Loan	Teachers taking a maternal leave due to pregnancy or childcare
  Sick Leave Loan	Teachers taking a sick leave due to disease
  Multicultural Family Loan	Teachers with multicultural family A family living in Korea consisting of Korean father/mother and a foreign mother/father
  Marriage of Offspring Loan	Teachers with marrying children 6 months before and after children’s marriage
  Occupational care loan	Teachers who have been approved for medical treatment by the corporation for at least 60 days due to the same occupational accident and are in the course of medical treatment(including extended period)

LOAN LIMIT

• Livelihood Funds Loan : Within 1/2 of the retirement benefit (retirement allowance included) up to KRW 60 million
• Happiness Loan : Within 1/2 of the retirement benefit (retirement allowance included) up to KRW 30 million

INTEREST RATE

Flexible quarterly rate

REQUIREMENT

Self and your children enter or study at a university (except postgraduate university)

LOAN LIMIT

• Domestic Univ. Within actual tuition fee
• Overseas Univ. Within USD $10,000. Per year

INTEREST RATE

interest-free