퇴직수당부담금의 기부금 한도초과에 대한 세무 회계 개선방안 연구

Korea Teachers' Pension Fund (hereafter referred to as "KTPF") has retirement benefit, survivors' benefit, and disability benefit, and in addition to 3 kinds of benefits, there is retirement allowance which is similar to superannuation of private enterprise. The retirement allowance is paid to the retired or dead person whose service length is more than 1 year. As a rule, the retirement allowance is to be paid by employer. Therefore, in case of Government Employee Pension, the retirement allowance is paid by government. However, in case of KTPF, the financial sources for the retirement allowances are provided by the government and KTPF. That is, KTPF pays 23.6 billions won every year and the remaining amount is paid by government. The allotment amount of 23.6 billions is called contribution for retirement allowance and that is treated as legal contribution in corporate taxation. However, the range of expenditure is largely reduced to 50% so that 50% of yearly paid 23.6 billions is included to taxable income. Moreover, in case of the deficit at the beginning of a period. all the amount of the contribution are not accepted as expenditure. Although KTPF pays 23.6 billions in behalf of school foundation every year, they have no advantages of taxation. Thus, it is necessary to improve tax and accounting system. This study is to indicate such problem and to derive an alternative for improvement in tax and accounting of KTPF. First, through the modification of internal accounting system, it is preferable that expenditure treatment for the retirement allowance is conformed with pension accounting. The retirement allowance system is referred to pension benefit and is to be for Essential Business which is subjected to non－taxation. Nevertheless, the amount of the retirement allowance is paid by KTPF, which is subject to taxation. Thus it is necessary to modify the accounting system. As a result, the amount of the retirement allowance paid by KTPF is to be excluded from taxation hereafter. Second, considering to the situation that the retirement allowance is paid by KTPF in spite of the contribution which is to be paid by school foundation, it is preferable to newly establish an exemption law in which the retirement allowance is excluded from maximum limit excess of contribution. Such a problem is to be urgently settled since the problem is imminent in the KTPF. In conclusion, this study is to recognize such a taxation problem and to prevent deterioration of pension fund finance due to the unreasonable taxation on the retirement allowance contribution. Further, this study is to find an alternative for stability of pension fund finance through the modification on the taxation law.