Woori Bank Begins Accepting Voluntary Retirement Applications for Employees with Over 10 Years of Service... Up to 31 Months' Pay Provided

Including Scholarships and Grants

Woori Bank has finalized the conditions for voluntary retirement this year.

According to the financial sector on the 2nd, Woori Bank will accept applications for voluntary retirement from employees who have been regular full-time staff for more than 10 years, starting from today until the 7th.

Upon confirmation of retirement, employees born in 1969 will receive a special retirement allowance equivalent to 19 months of average salary, while those born in 1970 and later will receive 31 months of average salary.

Additional support such as university tuition for children, reemployment support funds, and health check-up expenses will also be provided.

This is similar to the level of previous years. Last year, employees born in 1968 received 24 months, and those born after 1969 received 31 months of average salary.

Woori Bank Headquarters, Jung-gu, Seoul