South Korean Substitute Public Holidays Extension Bill Stalled
Source:Yonhap News Agency (Seoul)
Posted: Wednesday, June 16, 2021
Most recent follow-up news item: July 16, 2021
The Public Administration and Security Committee of the South Korean National Assembly has postponed the consideration of the Transfer Holiday Expansion Law due to divergences on the inclusion of Saturdays as triggers for substitute public holidays, as well as the pressure from business lobbies which feel it would be better to "go in the direction of promoting the current 70% level of annual leave utilization".
Earlier this month (2021-06-06), we had reported that the South Korean National Assembly, with bipartisan support from the ruling Democratic Party of Korea and the opposition People Power Party, was accelerating the pace in considering a bill which would expand the current substitute holiday system, so that substitute public holidays are declared when more of the annual South Korean public holidays fall on a Sunday or a weekend.
The aim is to have the billed passed before the upcoming Liberation Day public holiday on August 15, which falls on a Sunday in 2021. Three other public holidays will also fall on a weekend, for the remainder of 2021 (2020-06-15), and 2022 will see 6 of the 15 annual South Korean public holidays falling on a weekend.
The "Substitute Holiday Bill", passed 8 years ago (2013-05-03), automatically declares a one-off day in lieu non-working public holiday on the Mondays which follow some annual non-working public holidays falling on a Sunday, even though Saturdays are also officially non-working days since July 2005 (2005-06-21).
A substitute public holiday is automatically declared whenever either the Seollal or Chuseok multi-day public holidays contain a Sunday, and a substitute public holiday is also automatically declared whenever the Children's Day public holiday falls on a Saturday or Sunday.
From 2015 to 2019, these changes were limited to the South Korean public sector, but have since been phased-in to companies with a lower number of employees (300 employees for 2020, 30 employees for 2021, and businesses with 5 or more employees, beginning in 2022).
Links and References
Below are links to the news stories referred to in the above "South Korean Substitute Public Holidays Extension Bill Stalled" news story, as well as links to subsequents news stories which refer to the present news story.