The NH NongHyup Bank headquarters in Seodaemun-gu, Seoul/Courtesy of Song Ki-young

NH NongHyup Bank will offer voluntary retirement to employees aged 40 and older.

According to the financial sector on the 18th, NongHyup Bank will accept applications for voluntary retirement for three days from today through the 21st. The retirement date is at the end of this year.

Eligible employees are general staff aged 40 or older who have worked for at least 10 years. Employees who take voluntary retirement will receive 20 months of their average monthly wage at the time of retirement as a voluntary retirement payment. Employees who are 56 years old this year (born in 1969) will receive 28 months of their average monthly wage at the time of retirement as severance pay.

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