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Nat'l Assembly Passes Bill Introducing Profit-Based Penalties over Workplace Deaths

Summary by The Korea Times
The National Assembly passed a revised bill imposing financial penalties on companies over fatal industrial accidents to better protect workers and strengthen workplace safety. The revision to the Occupational Safety and Health Act passed in a 161-52 vote with six abstentions during a parliamentary plenary session, despite objections from the main opposition People Power Party (PPP). The revision calls for imposing a fine of up to five percent o…

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The National Assembly passed a revised bill imposing financial penalties on companies over fatal industrial accidents to better protect workers and strengthen workplace safety. The revision to the Occupational Safety and Health Act passed in a 161-52 vote with six abstentions during a parliamentary plenary session, despite objections from the main opposition People Power Party (PPP). The revision calls for imposing a fine of up to five percent o…

·Seoul, Korea (the Republic of)
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An amendment to the Occupational Safety and Health Act (Occupational Safety Act), which allows companies that have killed 3 or more workers per year due to industrial accidents to be fined up to 5% of operating profit, passed the plenary session of the National Assembly on the 1st. The National Assembly held a plenary session this afternoon, and 219 people voted for some amendments to the Mountain Safety Act with this content,

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The Democratic Party of Korea announced that it intends to process the amendment to the Occupational Safety and Health Act at the National Assembly plenary session scheduled for the afternoon of the 1st. The amendment includes provisions to impose fines of up to 5% of operating profit on companies where industrial accidents occur repeatedly. Lee Joo-hee, the Democratic Party's floor spokesperson, met with reporters after a policy coordination me…

(Seoul = Yonhap News) Reporter Oh Kyu-jin = The National Assembly will hold a plenary session on the afternoon of the 1st to process bills ahead of the parliamentary audit.

·Seoul, Korea (the Republic of)
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The Industrial Safety and Health Act, which allows for the imposition of a fine of up to 5% of operating profit on companies where three or more workers have died in the workplace within the past year, has been submitted to the plenary session of the National Assembly.

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Wednesday, September 30, 2026.
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