• Welcome to Korea Workers’ Compensation & Welfare Service
  • K-COMWEL contributes to the improvement of workers quality of life through optimal
    workers' compensation programs, rehabilitation supports and welfare improvements.

    • Important Changes in Premium Assessment/Collection

    • WCI/EI Registration & Collection
    • Collection of WCI & EI Premiums
    • Important Changes in Premium Assessment/Collection

    Base assessment used to assess premiums : “Earned income taxable”

     

    Assessment & billing of premiums on a monthly basis :

    • Monthly premiums shall be assessed & billed by the K-COMWEL, and then, collected by the NHIC.
    • However, workplaces engaging in business types (e.g. construction, lumbering, etc.) for which it’s difficult to identify employment status, total wages, etc., and consequently, assess & bill premiums on a monthly basis shall declare and pay self-assessed premiums, in which the K-COMWEL shall finalize, bill and collect premiums due to them.
    • Collection of premiums by business type
    Collection of premiums by business type
    Workplaces by business type Premiums
    • All workplaces engaging in other business types than construction, etc.
    • Workplaces engaging in construction equipment operation (as categorized as construction business)
    • Small-/medium-sized workplaces, special types of workers (as categorized for the purpose of WCI/EI coverage)
    • Workers seconded overseas engaging in other business types than construction
    • EI-covered self-employer(new insurants applied since Jan..22, 2012)
    		Assessed & billed by the K-COMWEL
    • Workplaces engaging in construction (including their principal office)
    • Workplaces engaging in lumbering (as categorized as forestry business)
    • Workers seconded overseas engaging in construction
    • EI-covered self-employer(insurants applied before 2012.1.21)
    		Self-assessed & declared by an employer
     

    Declaration of total wages paid for the previous year

    • An employer shall submit a “Declaration of Total Wages” for the previous year not later than March 15th every year; the submitted will be used to settle premiums overpaid or underpaid in the previous year and assess monthly average wages for the year (i.e. the next year of the said previous year).
    • The K-COMWEL shall assess and bill monthly premiums for the year based on monthly average wages for the year that will be estimated using total wages for the previous year as specified on the submitted declaration.
     

    Declaration of employment information

    • An employer shall report employment information (e.g. worker’s name, resident registration number, address, employment date, employment termination date, average monthly wages, time-off from works, transference, etc.) using relevant declaration forms.
     

    R4AV (Relief for Asbestos Victims) Assessment

    • Workplaces with 20 full-time workers or more (not engaging in construction), or workplaces or “WCI-Deemed-as-Single Workplaces” engaging in construction (including their principal offices) shall bear and pay R4AV (Relief for Asbestos Victims) Assessment.

      ※ R4AV newly established in 2016 : 4/100,000