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Significant Changes to Korea’s Union Act Expected Imminently
2025.08.05.
The so-called “Yellow Envelope Act” passed through the Legislation and Judiciary Committee of the Korean National Assembly on August 1, 2025, and appears headed towards final passage this month. Further significant changes to the legislation are unlikely, and the president has expressed his intention to sign the bill into law. Another version of the bill was vetoed by the previous president multiple times.
This legislation will make significant changes to Korea’s Trade Union and Labor Relations Adjustment Act (the “Union Act”). This version of the bill is not identical to the version vetoed by former-president Yoon last year, but is very similar in its scope and approach.