Hana Bank will accept voluntary retirement applications from employees aged 40 and older.
Hana Bank said on the 2nd it will accept applications for semi-retirement special voluntary separation. Eligible applicants are general staff with at least 15 years of service and age 40 or older as of the 31st.
The special severance pay is up to 31 months of average monthly wages for those born in the second half of 1970 through 1973, and up to 24 months for those born in 1974 or later. Employees born from the second half of 1970 to 1973 will also receive tuition, medical expenses, and job transition support payments.
The retirement date is Jan. 31 this year. The special voluntary retirement under the wage-peak system, conducted every first and second half of the year, will also be carried out for employees born in the first half of 1970. They are expected to receive special severance pay equivalent to about 25 months of average wages, applied on a sliding scale based on birth month.