2 | Development of Employment Measures Towards Realization of Stable Working Life |
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VI. | Employment Insurance |
The Employment Insurance System, which has a comprehensive range of employment-related functions, covers two main activities: i) it grants benefits to the unemployed, to workers who are having trouble continuing their employment, and to workers and the unemployed who voluntarily receive vocational training, with the aim of stabilizing their wellbeing and employment or promoting re-employment; and ii) it aims to prevent unemployment, rectify the employment situation, develop and improve workers' potential, and promote the welfare of workers.
Rate and Daily Amount of Basic Allowance
The three services of the Employment Insurance System comprise a comprehensive system that conducts the following programs providing a variety of grants subsidies and other assistances:
The expenses required for payments for Unemployment Benefits, etc. are covered by contributions paid on a fifty-fifty basis by workers and employers, as well as by the National Treasury. The expenses required for the three services are covered by contributions paid entirely by employers. |