I. The labor insurance premiums shall be paid monthly. The insured unit shall pay the premium each month within the deadline stipulated in Article 16 of the Labor Insurance Act. In case the insured unit fails to pay the premiums due before the deadline, the premiums may be paid within a 15-day grace period. In case the premiums remain unpaid to the insurer within the grace period, the Bureau of Labor Insurance may, in accordance with Article 17 of the same Act, impose an additional overdue penalty at the rate of 0.1 percent for each day beginning from the expiration day of the grace period to one day before the premiums are paid in full, provided that the overdue penalty shall not be more than 20% the amount of the premiums. In case the premiums have not been paid 15 days after the penalty is due, the Bureau of Labor Insurance shall, in accordance with the Labor Insurance Act and the Administrative Execution Law, refer the case to the Administrative Enforcement Office under the Administrative Enforcement Agency, Ministry of Justice, for compulsory execution with regard to the properties of the insured unit that fails to pay the premiums. The Bureau of Labor Insurance shall also suspend all applications for the benefits filed by such an insured units.
II. In the event that the insured unit is overdue in the payment of premiums or late fees for overdue premiums, and after the Bureau of Labor Insurance suspends insurance payments temporarily, the insured unit shall pay insurance premiums continuously during this temporary suspension period. With regard to the payable insurance payments of the insured persons, the application formalities shall be completed and examined by the Bureau of Labor Insurance. After the payment of these owed fees is made, the insurance payments will be paid. However, the insured persons may provide the relevant documents to apply for the insurance payments in case the premiums that shall be borne by the insured persons have already been deducted by or paid to the insured unit.
III. Where the insured unit deducts its employees' premiums and fails to turn it over to the Bureau of Labor Insurance, as the responsible person peculates the money, Article 336 of the Criminal Law (business misappropriation) might be constituted. The employees may file a legal complaint or institute incidental civil procedures against the insured unit and its responsible person for joint damages compensation in accordance with Article 184 of the Civil Code and Article 487 of the Code of Criminal Procedure.
Ⅳ.The wage arrears payment program stipulates that employers should pay a certain amount into the fund monthly to be used for subsequent payment of wage arrears(for up to six months), retirement pension and severance pay required by the provisions of Labor Standards Act, and the severance pay required by the provisions of Labor Pension Act ( the total amount of pension and severance shall be no more than six months of average wage). In case of non-payments upon the workers(including foreign workers who are applicable to Labor Standards Act) request for arrears of wages, pensions, or severance pay, the Fund can temporarily cover the payments, but the employer shall repay the amount to the Fund within a specified timeframe. If an employer has unpaid the arrears wage payment fund, workers shall not apply for such payment. Workers of employers who have paid up owed contributions may also apply for such payment.