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Contract breakers in RoK may lose deposits

VGP – Vietnamese workers who have stayed illegally in the Republic of Korea (RoK) may lose their deposits if they fail to report to the Ministry of Labor, Invalids, and Social Affairs (MOLISA) before September 21.

September 21, 2020 6:17 PM GMT+7

The ministry’s Department of Overseas Labor reported that over 1,476 Vietnamese guest workers are illegally living in RoK after their contracts ended. 

Last April, Prime Minister Nguyen Xuan Phuc approved a pilot scheme which requires each local worker to make a pre-departure deposit worth VND100 million (US$4,239) to guarantee his/her return to Viet Nam after contract expires. 

The deposit will be refunded to the workers upon liquidation of the labor contract. The workers will lose their deposit if they flee from their workplace or try to illegally stay in the RoK after their contracts end or their duration of stay is expired.

Currently nearly 50,000 Vietnamese are working in the RoK, of whom 38,000 are working under the EPS Program with an average monthly salary of US$1,000-1,500./.

By Kim Anh