Article 23-14 (State Support)

The State may, within the budget, provide support for a portion of employer contributions, subscriber contributions, or costs incurred from operating the retirement pension fund system for small and medium-sized enterprises, subject to conditions determined by the Minister of Employment and Labor, in order to reduce the financial burden on businesses participating in the retirement pension fund system for small and medium-sized enterprises and to encourage participation in the retirement pension for small and medium-sized enterprises by workers and service providers falling under Article 91-15 of the 「Industrial Accident Compensation Insurance Act」. <Amended 2026.3.17>

If a recipient of state support under paragraph ① falls under any of the following subparagraphs, the Minister of Employment and Labor may recover all or part of the support funds according to Presidential Decree. However, if the amount of support funds to be recovered (hereinafter referred to as “recovery funds”) is less than the amount specified by Presidential Decree, recovery may not be made. 1. When support funds are received through false or other fraudulent means. 2. When support funds are paid incorrectly. 3. When an employer abolishes the retirement pension fund system for small and medium-sized enterprises without just cause, such as bankruptcy, as determined by Presidential Decree.

For the collection of recovery funds under paragraph ③, the Corporation may request the heads of relevant agencies to provide data, such as property tax assessment data under the 「Local Tax Act」, or to use related computer networks, as determined by Presidential Decree. In this case, the heads of relevant agencies shall comply with the request unless there is a justifiable reason.