Hana Bank's 'Special Early Retirement'... 285 Employees Aged 40 and Over Leave

[Asia Economy Reporter Seongpil Cho] A total of 285 Hana Bank employees over the age of 40 will take "quasi-retirement special retirement." Including 226 special retirement employees under the wage peak system, a total of 511 employees will leave the bank.


According to the financial sector on the 31st, Hana Bank received special retirement applications from general employees who have worked for more than 15 years and are over 40 years old, and a total of 285 employees were confirmed to retire as of this day. Among the retirees, 35 are at the manager level, 143 at the supervisor level, and 107 at the clerk level. This is a significant increase compared to the 92 quasi-retirement special retirees at the end of last year.


Among them, supervisors and clerks will receive an average wage equivalent to 36 months. For managers, depending on age, an average wage equivalent to 27 to 33 months will be paid. Special retirees will receive a lump sum payment for children's tuition (up to 20 million KRW per employee), medical expenses (up to 10 million KRW per employee), and reemployment/career transition support funds (5 million KRW per employee). Additionally, employees who applied for quasi-retirement special retirement this time will be given special preferential treatment upon future reemployment.


Separately, 226 general employees born in 1965 and 1966, who have reached the wage peak entry period, will also take special retirement as of this day. Among them, 154 are managers, 58 supervisors, and 14 clerks, which is a decrease compared to 277 at the end of last year. They will receive approximately 25 months' average wage (for those born in 1965) or approximately 31 months' average wage (for those born in 1966), along with support for children's tuition, medical expenses, and reemployment/career transition funds.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.