Korea Scientists & Engineers Mutual-aid Association(SEMA) is the welfare
center that provides pension service for stable life as well as mutual-aid project
and advanced welfare service for better life, devoting itself to happiness of
scientists and engineers. SEMA will become a leading advanced finance and
welfare institute that delivers happiness to scientists and engineers and
warmhearted love to our society.

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History

2015
02.28Reached 3 trillion won in total assets
05.01Start of annuity plans for Lump Sum Benefits
08.03Inauguration of the 5th Chairman, Yul-rae CHO
2014
03.31Takeover of Dae-Deok welfare center
07.04Established the 2nd risk management committee
08.01Launched Pension-Backed-Loan Business
08.23Compostion of the 4th Board of Representatives
2013
01.3130,000 members joined Korea Scientists & Engineers Mutual-aid Association
05.30SEMA's 10th anniversary
09.10Reached 2 trillion won in total assets
12.26Revision of the pension business rules
2012
05.21Performed rental guarantee insurance
06.29Configure the 2nd pension review committee
07.02Open Information System (SEMIS)
08.01Inauguration of the 4th Chairman Dr. Young Shik Kim
2011
07.04Held the vows anti-corruption
08.23Configuring the 3rd Board of Representatives
10.211 trillion assets
2010
03.15Start Non-taxable Saving Account for elders or disabled
10.04SEMA happy dreamy Corps founding
2009
01.07Revision of 'Law on the Scientists and Engineers Mutual-aid Association'(Act 9329)

Institutionalize the Subsidy for Scientific and Technical Development, and establish Pension Deliberation Committee

03.17Composition of the 1st Pension Deliveration Committee
07.01Star Lump Sum Benefits
08.01Composition of the 2nd Board of Representatives
2008
07.18Inauguration of the 2nd Chairman Dr. Chung-Won CHO
08.23Composition of the 2nd Board of Representatives

A total of 2,000 billion funding plan finalized

12.29Revision of 'Regulations on the Management of National Research and Development Project'
2007
08.14Mutual Fund long-term science and technology development planning
09.14Conduct government business 'special support' the science and technology workforce management

policies announced

2006
04.01Start welfare service for scientists and engineers.
2005
10.25Composition of the 1st Board of Representatives
11.08'Revision of Law on the Scientists and Engineers Mutual-aid Association'(Act 7689)
11.30Mutual Fund 'science and technology' pension benefit businesses operating rules established promulgated

Ordinance of the Ministry of Science and Technology (No. 79)

2004
11.04Start Pension and Installment-Benefit Businesses
2003
01.07Mutual Fund established science and technology committee launched
05.30Science and technology Mutual Aid Association Inaugural Meeting
06.17Foundation of SEMA (approved by the Ministry of Science and Technology)
07.07Inauguration of the 1st Chairman Lee, Seung-Gu
2002
12.26Promulgation of the Law on the Scientists and Engineers Mutual-aid Association (Act 6815)
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Introduction

A partner of Scientists and engineers
Korea Scientists & engineers Mutual-aid association

Established in 2003 under the 'Act on Korea Scientists & Engineers Mutual-aid Association', Korea Scientists and Engineers Mutualaid
Association is the general welfare service that realizes more stable and affluent future of scientists and engineers through Pension for
Scientists and Engineers, Installment Benefit, Lump sum Benefit, Welfare Service and management of assets.

Members
  • Employees of scientific and technical research institutions supported by the government of specific research institutes
  • Employees of research institutes attached to the company
  • Employees of professional engineers' societies and entities of engineering activities
  • Employees of scientific or technical non-profit institutions
Businesses in Operation
Pension for Scientists and Engineers
Custom design pension plan for scientists and engineers,
Establish effective pension management system
Installment Benefits
Support the life after retirement, Establish CRM system
Lump Sum Benefit
Stable expansion of excess cash, Enjoyment of welfare benefits after retirement
Asset Management
Realize stable high profits, Establish asset management portfolio
Vision=Advanced finance and welfare institute,Target=2017 Make a new leap forward with the best mutual-aid association in Korea for happy future of scientists and engineers
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Members Business

SEMA, raise the volume of happiness.

As the happy scientists and engineers can raise competitiveness of national science and technology, Korea Scientists &
Engineers Mutual-aid Association has pursue various businesses and services such as Pension for Scientists and Engineers,
installment benefits, Lump sum benefits and welfare services in order to raise the value of abundant life of scientists and
engineers.

SEMA will raise the happiness of scientists and engineers so that they can feel happier.

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Pension for Scientists and Engineers

Happy, silver life with pension, now, yours!

3-stage Pension Guarantee System for Scientists and Engineers
Pension for Scientists and Engineers
Provides a stable economic foundation to prepare for life after retirement, by switching existing retirement allowance system to
retirement pension system, and adding Subsidy for Scientific and Technical Development with earnings derived from financial
resources contributed by governmental fund or private organizations
3-stage Pension Guarantee System for Scientists and Engineers
Operation of Pension Deliberation Committee (Article 16.7 of the Law on SEMA)
Pension Deliberation Committee is composed and operated to discuss issues related to pensionand subsidy, such as management
of reserves and payment standards of the Subsidy for Scientific and Technical Development.
- Composition of committee : members, institutions, pension specialists, and government officials
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Installment Benefits

Start right now.

your future will be bright!

Preparation for relaxed and affluent old age,
Add up satisfaction with benefits of advanced asset management.
Secure excellent competitiveness with welfare services on members as well as
high interest rate, tax privilege and pension welfare.
Installment Benefits
accumulates shares paid by scientists and engineers during their working (joined)
period for a stable life at a high rate of interest, and pays it as a form of pension or
payment at retirement.
high interest
  • Yearly compound interest(Pension : 4.0%, Installment-Benefit : 3.8%)
high interest
  • Payment options after retirement (Pension payment type or Capital sum)
high interest
  • 0~4.0%, applied by the'Special provision of tax calculation for the excessive

    retuned money of mutual-aid association (Article 63 of the Income Tax Law)

high interest
  • Use welfare service carried out by mutual aid association

    (recreational facility, legal advice, etc.)

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Lump Sum Benefits

Your precious assets, we make them bigger!

This business pursues the stable increase of members' discretionary money. Membership lasts even after you're retired.
Welfare services are also available.

Fixed Interest Rate       (Starting from 2016.4.1)
6
months
1
years
2
years
3
years
annuity
payment
2.40% 2.60% 2.80% 3.00% 3.10%
* Expiration payment type is applied with yearly compound interest rate.
* Interest payment type and pension payment type is applied with reinvestment interest rate.
Payment of benefits
Interest payment type, pension payment type, or expiration payment type
Determination and adjustment of interest rate
Determination of interest rate
It is determined by considering the average interest rate of 1- yeas expiration fixed deposit at 4 major banks based on the
assets recorded in the previous year.
Application of interest rate
Interest rate at time of joining is applied until expiration (this provision is applied by grades when the member cancels before
expiration)
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Welfare Service

Loan of living cost & loan of guarantee insurance
Loan of Living Cost
Convenient service to use the loan within 90% of individual principle
* Loan interest rate varies depending on the member payment rate and standard interest rate
Qualification for Loan
Marginal credit
Members who have paid share of installment payment for over 1 year and paid in share
over 3 million won
Guarantee insurance loan
Members who satisfy the conditions of guarantee insurance by Seoul Guarantee Insurance
Co., Ltd. in terms of employment status of members, member's credit level and terms
of office and who is one of institution members(members who pay monthly payment in
Installment Benefits) among members eligible for marginal credit.
Welfare
Supply leisure facilities
Recreational facilities
With benefits of enjoying Daemyung, Hanhwa, Keumho, ES, Youngpyeong,
Shineville Resort at a membership charge, we try to provide more convenient
and affluent travel, tourism and leisure life of members.
Affiliated leisure facilities
We are in a partnership with Jeju ShineVille Luxury Resort,
Ramada Plaza Jeju Hotel, Hotel Spapia, HolidayInn Gwangju
Hotel, Spa.com, Huracle Resort, etc. Our members can use
Welfare card for scientists and engineers
We issue SEMA card in partnership with Shinhan Card. It has membership check and credit card functions.
Medical institution discount
To improve members'health, we have a partnership with medical institutions to provide extensive discounts on services including
diagnosis charge, health checkup price, and eyesight correction surgery.
Free law consultation
Law of living
Members can use free law consultation about civil affairs, criminal cases, administration, and taxes.
Patent
Members can use free consultation service in the intellectual rights including international patents, unity models, and design. In
addition, they can use application,
Affiliated service
Educar auto insurance (the lowest premium in Korea) / Discount travel packages from Interparktour
Construction of SEMA Hall and Welfare Complex for scientists and engineers (projected)
We will do our best to construct Scientists & Engineers Mutualaid Hall and Welfare Complex for scientists and engineers.
>> To learn more about the conditions and procedures for using the welfare services, please visit our homepage
(www.sema.or.kr)
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Asset Management

It is based on the long-term asset allocation strategy focused on fair value of financial investments, businesses, and real
investment, domestic and foreign real estate investment analysis, asset size, and domestic and international economic
environment, profitability, stability and pursuit of the public good.

Asset management principles
  • Pursue Profitability, stability, and public goods at the same time.
  • According to the market conditions, our portfolio can be flexible and changed.
  • Deliver dramatic story that impresses people through pilot investment based on new technology, enhancing energy throughout
    the society
Investment procedures and risk management
  • Investment Planning 'Prior Deliberation 'Investment Examination Committee (external specialist).
  • Emphasis on the systematic risk management and profit.
Direction of Asset Management
Secure reasonable profitability with investment policy that does not accept any loss
based on valuation technique.
  • Investments to solve social issues
  • Investment to enable the domestic tourism industry.
  • Welfare facilities for investment
  • Invest in high-tech industry development for national competitiveness.
  • Investment to secure energy resources.
  • Invest in your business, industry competitiveness
  • Investing based on good technical shoot
  • Invest in cultural promotion of people and national stature.
  • Invest in stocks and bonds in consideration of profits and public nature.
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Social Contribution

SEMA, Share fruits of love.

Social Service Group of Korea Scientists & Engineers Mutual-aid Association, 'SEMA Happiness Giver(Heongbok Drimi)',
Carry out donation from all members of SEMA, nature conservation activities at National Park, offering of flowers at National
Memorial Board, and science lecture.

Social Service Group of Korea Scientists & Engineers Mutual-aid Association, 'SEMA Happiness Giver(Heongbok Drimi)',
Carry out donation from all members of SEMA, nature conservation activities at National Park, offering of flowers at National
Memorial Board, and science lecture.

Korea Scientists & Engineers Mutual-aid Association(SEMA) in short
1.SEMA is the institution that every scientist and engineer can participate in.
2.You can not only launch the best financial institute but also enjoy the welfare benefits.
3.National competition gets bigger as the member gets happier.
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