Hana Bank will carry out a special retirement (voluntary retirement) program for employees age 40 and older.
According to the financial sector on the 23rd, Hana Bank will accept applications for second-half quasi-retirement special retirement from today through the 25th. Eligible employees are general staff age 40 and older who, as of July 31, have worked for at least 15 years.
The special retirement payment will vary by age and rank. Those born in 1971–1974 will receive up to 28 months of average wages depending on rank, and those born in 1975 or later will receive up to 24 months of average wages depending on age. For quasi-retirement special retirees born in 1971–1974, child tuition, medical expenses, and career transition support will also be provided. Special retirees who are finally selected are scheduled to leave the company on the 31st of next month.
The wage-peak special retirement, conducted every first and second half of the year, will also be implemented for employees born in the second half of 1970. Payments will vary by birth month, providing about 25 months of average wages.