Working for only one month and making 119 months of retroactive payments... Controversy over foreign nationals receiving National Pension.news

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Working for only one month and making 119 months of retroactive payments... Controversy over foreign nationals receiving National Pension | Yonhap News
Yonhap News
(Seoul=Yonhap News) Reporter Seo Han-gi = After working for only one month under the National Pension scheme in Korea, individuals are paying a lump sum of premiums for past periods to receive monthly old-age pensions for life...
Foreigners arriving on a Working Visit visa
work for exactly 1 month
and then pay the remaining 119 months (10 years) worth of pension premiums all at once to become eligible for lifetime pension payments
This system was actually intended for those with career breaks, but
it is a case of exploiting a loophole.