ISLAMABAD: Pakistani workers who have returned home after completing their employment in South Korea under the Employment Permit System (E-9) have been advised to check and claim their dormant insurance funds, which may still be held against their names.
The Pakistan EPS Center, under Director Jeongbang Park, is actively facilitating Pakistani workers who have not yet received their Departure Guarantee Insurance and Return Cost Insurance benefits.
According to the center, dormant insurance refers to insurance benefits that remained unclaimed for more than three years after the date on which they became payable, resulting in the expiry of the statutory claim period. The funds were originally meant to cover workers’ severance benefits and return travel expenses and are currently being held by the Human Resources Development Service of Korea (HRDK).
A large number of eligible Pakistani workers have reportedly yet to claim these funds. Individual contact with many former workers has been difficult due to outdated or incorrect contact details.
To facilitate the workers, the Pakistan EPS Center, in collaboration with the Overseas Employment Corporation (OEC), has published a list of eligible workers on the official OEC website.
Workers who have returned to Pakistan are advised to check the list on the OEC website. Those whose names appear on the list should follow the prescribed procedure, prepare the required documents and submit their applications to the Pakistan EPS Center through registered post.
Meanwhile, workers who have recently returned from South Korea without claiming their insurance benefits may approach Samsung Fire & Marine Insurance directly to initiate the claim process. They may also submit their applications to the Pakistan EPS Center for assistance and guidance.
The Pakistan EPS Center has urged former Pakistani workers to check their eligibility and take timely steps to claim any outstanding insurance benefits to which they may be entitled.
