Disability Employment Levy Increases... Raised to 1.21 Million Won per Month

Ministry of Economy and Finance Holds the 8th Burden Fund Management Deliberation Committee Meeting

Vice Minister Choi Sang-dae Presiding Over the 8th Contribution Management Deliberation Committee
(Seoul=Yonhap News) Vice Minister Choi Sang-dae of the Ministry of Economy and Finance is presiding over the 8th Contribution Management Deliberation Committee for 2022 held at the Korea Fiscal Information Service in Jung-gu, Seoul on the 20th. 2022.12.20 [Provided by the Ministry of Economy and Finance. Redistribution and DB prohibited]
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[Asia Economy Sejong=Reporter Lee Jun-hyung] The surcharge for employers who do not comply with the mandatory employment rate for persons with disabilities will be increased.

On the 20th, the Ministry of Economy and Finance held the '8th Surcharge Management Deliberation Committee of 2022' chaired by Second Vice Minister Choi Sang-dae and deliberated and approved five agenda items including this matter. A ministry official explained, "This agenda focused on rationalizing the surcharge imposition criteria and updating the surcharge rates."

The government first decided to raise the base amount for calculating the disability employment surcharge from the existing 1,149,000 KRW to 1,207,000 KRW. The disability employment surcharge is imposed on workplaces with 100 or more regular employees that fail to meet the mandatory employment rate for persons with disabilities. Next year's mandatory employment rate for persons with disabilities is 3.6% for national and public institutions and 3.1% for the private sector.

A surcharge for the collection and recycling of solar photovoltaic (PV) waste panels was also newly established. To implement the Extended Producer Responsibility (EPR) system next year, the government prepared the unit costs necessary to impose surcharges on solar panel producers who fail to fulfill their collection and recycling obligations. Specifically, the collection surcharge and recycling surcharge are 94 KRW and 727 KRW per kilogram, respectively.

Additionally, the government raised the maximum area of officetels subject to the school site surcharge from the existing 85㎡ to 120㎡. The surcharge rate for nuclear safety management will be adjusted according to the standard unit price.

Meanwhile, the government plans to prepare and announce improvement measures based on this year's surcharge operation evaluation results by the first half of next year.

This content was produced with the assistance of AI translation services.