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Financial Overview


Relevant Laws and Regulations

Korea Scientists and Engineers Mutual-Aid Association Act Article 17 (Capital)

(1) The capital of the mutual-aid association shall come from the financial resources in any of the following subparagraphs:

  • 1. Contributions made by members and employers;
  • 2. Subsidies and contributions from the government or local governments;
  • 3. Contributions from persons other than the government or local governments.

(2) The government may provide or grant the subsidies and contributions, referred to in paragraph (1) 2, limitedly to cases necessary for the protection and fostering of the Mutual-Aid Association.


Asset Portfolio Overview

자산그래프(원형)

(unit: KRW hundred million)

년도별 출연금,회원부담금,준비금 등의 자산구성 현황
2017 2018 2019
Science and technology development
grants
2,500 3,010 3,010
Members’ contributions 40,529 45,313 55,444
Liability reserves 5,638 6,379 7,630
Retained earnings 1,983 1,058 3,698
Others 1,564 2,356 2,050
Total asset 52,214 58,116 71,832

자산그래프(막대)