• 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.
  • Assessment of Monthly Premiums (for workplaces other than those engaging in construction)

    • WCI/EI Registration & Collection
    • Collection of WCI & EI Premiums
    • Assessment of Monthly Premiums (for workplaces other than those engaging in construction)

    Assessment of monthly premiums

    • The employer of a workplace not subject to the self-assessment of premiums shall be billed premiums as assessed by the K-COMWEL; the billed premiums shall be assessed by multiplying each individual worker’s monthly average wages by the corresponding premium rate, and then summing up each individual worker‘s assessed premiums :
      - Monthly premiums (assessed & billed by the K-COMWEL) = Σ (each individual worker’s monthly average wages × premium rate)
    • Monthly average wages for a worker who was employed before September of the previous year shall be assessed through dividing his/her total wages for the same year by the number of months for which he/she has been employed for the same year, while those for a worker employed after October of the previous year through dividing total wages payable to the worker for one year to come (after his/her employment) by the number of months for one year.
     

    Declaration of total wages

    • Monthly premiums overpaid or underpaid for the year shall be settled upon receipt of a Declaration of Total Wages that shall be submitted not later than March 15th in the next year.
    • The said declaration shall contain total wages paid to each worker for the previous year (including his/her worker’s name, resident registration number, employment date, employment termination date, monthly average wages for the previous year)
    • An employer owning a workplace with 10 workers or more shall report information about their wages in total on the Internet (http://total.COMWEL.or.kr) or any other electronic media (e.g. CD, etc.)
     

    Payment of premiums

    • Workplaces (except for workplaces subject to the self-assessment of premiums) shall be billed premiums due to them on a monthly basis; as of now, however, all premiums due to the said workplaces in accordance with the 4 major social insurance schemes shall be integratively billed by the NHIC. Accordingly, WCI & EI premiums, together with premiums billed in accordance with other social insurance schemes, will be integratively billed and collected by the NHIC. Upon receipt of a billing statement, a workplace shall pay the billed premiums not later than the 10th day of the next month.