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Photo credit: National Pension Service (NPS) |
[Alpha Biz= Reporter Kim Sangjin] The National Pension Service (NPS) is reportedly launching an investigation into companies suspected of engaging in so-called "fake 3.3 contracts."
According to reports from Seoul Economic Daily on the 16th, the NPS plans to conduct a field investigation on seven suspected companies involved in these dubious contracts shortly. A "fake 3.3 contract" refers to a method where companies disguise employees as sole proprietors to evade contributions to the NPS and other four major insurance schemes. The term "3.3" comes from the 3.3% income tax that must be paid by individuals on their business income.
The suspected targets of this investigation reportedly include call center operators, telecommunications equipment manufacturers, and labor dispatch firms. The NPS is expected to inform relevant authorities, such as the Ministry of Employment and Labor, about the investigation results and demand corrective measures from some of these companies within the year.
The issue of fake 3.3 contracts has recently gained attention, prompting the Ministry of Employment and Labor to monitor 30 labor outsourcing firms. As employment structures are closely linked to pension fund security, the NPS's investigation is seen as a necessary response to the growing concerns surrounding this matter.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
