CHAPTER I GENERAL PROVISIONS
Article 1(Purpose) #
The purpose of this Act is to ensure that the employment insurance system operates effectively to prevent unemployment, to promote employment, to develop and improve the vocational skills of employees, etc. to enhance the State's vocational guidance and job placement services, to promote the livelihood security of employees, etc. and job seeking by providing unemployment benefits if employees, etc. become unemployed, thereby contributing to sustained economic and social development. <Amended on Jan. 5, 2021>
Article 2(Definitions) #
The definitions of the terms used in this Act are as follows: <Amended on Dec. 31, 2008; Jan. 27, 2010; Jun. 4, 2010; Jul. 21, 2011; May 26, 2020; Jan. 5, 2021>
1. The term "insured" means any of the following persons:
a. Employees, artists or workers, who are insured or deemed insured under Articles 5(1) and (2),6(1),8(1) and (2),48-2(1), and 48-3(1) of the Act on the Collection of Insurance Premiums for Employment Insurance and Industrial Accident Compensation Insurance (hereinafter referred to as "Act on the Collection of Insurance Premiums for Employment Insurance and Industrial Accident Compensation Insurance");
b. A self-employed person who is insured or deemed to be insured pursuant to Article 49-2(1) and (2) of the Act on the Collection of Insurance Premiums for Employment Insurance and Industrial Accident Compensation Insurance (hereinafter referred to as "insured self-employed person");
2. The term "job-leaving" means the termination of employment relationship between the insured and the employer (referring to the termination of a contract related to culture and arts services or a labor contract in the case of an artist under Article 77-2(1) and a worker under Article 77-6(1));
3. The term "unemployment" means the state of being unemployed despite being able and willing to work;
4. The term "recognition of unemployment" means confirmation by the head of an employment security office that an unemployed person who qualifies as an eligible recipient under Article 43 is actively seeking employment;
5. The term "remuneration" means the amount calculated by subtracting money and valuables prescribed by Presidential Decree from the earned income prescribed in Article 20 of the Income Tax Act; provided, money and valuables prescribed and publicly notified by the Minister of Employment and Labor shall be deemed to be remuneration, among those accepted from persons other than a business owner during the period of layoff or under similar conditions;