Hana Bank and Korea Labor and Social Security Consultants Association to Support Retirement Pension Enrollment for SMEs and Small Businesses

Hana Bank announced on the 16th that it has signed a business agreement with the Korea Labor and Social Security Consultants Association to support the introduction of retirement pension systems at small and medium-sized enterprises and small business workplaces.

On the 15th, Hana Bank signed a business agreement with the Korea Certified Labor Consultants Association at the Hana Bank headquarters in Jung-gu, Seoul, to promote the introduction of the retirement pension system. Jo Youngsun, Vice President of the Retirement Pension Group at Hana Bank (right), is taking a commemorative photo with Lee Wanyeong, Chairman of the Korea Certified Labor Consultants Association. Provided by Hana Bank

This business agreement was established to lower the barriers to entry for small and medium-sized enterprises and small business workplaces that are struggling to introduce retirement pension schemes due to complex regulation drafting procedures, and to streamline the retirement pension regulation reporting process.

Through this agreement, Hana Bank will provide customer-focused, differentiated pension asset management services. The Korea Labor and Social Security Consultants Association will professionally support the drafting, review, reporting, and acceptance of retirement pension regulations through its affiliated labor law firms. With this support, even small workplaces lacking professional personnel will be able to introduce retirement pension systems easily and quickly, and administrative processing time will be significantly reduced.

Yoengsoon Cho, Vice President of the Retirement Pension Group at Hana Bank, stated, "We will continue to expand our range of customer-centric pension services, such as dramatically simplifying the retirement pension regulation reporting process."

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