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1. The Defendant shall pay to the Plaintiff KRW 22,975,498 as well as 20% per annum from February 19, 2016 to the day of full payment.

Reasons

1. The Plaintiff, at the Defendant Company from July 22, 2014 to February 4, 2016, retired from office. However, the Defendant is in arrears with approximately six-month wages of the Plaintiff and KRW 17,882,124 of retirement allowances and KRW 5,093,374 of retirement allowances. As such, the Defendant is in arrears with the Plaintiff’s payment of KRW 22,975,498 and the amount of delay damages by 20% per annum under the Labor Standards Act from February 19, 2016 to the date of full payment.