"Hana Bank Accepts Voluntary Retirement Applications from Employees Aged 40 and Older... Up to 28 Months' Average Salary to Be Paid"

Hana Bank Implements Special Voluntary Retirement Program
General Staff Aged 40 and Over with at Least 15 Years of Service Eligible
Up to 28 Months of Average Salary to Be Paid

Hana Bank is accepting applications for a special voluntary retirement program for employees aged 40 and older.

According to the financial industry on July 1, Hana Bank will be accepting applications for the semi-retirement special voluntary retirement program for the second half of this year from July 1 to July 7.

The eligible employees are general staff members who are at least 40 years old and have worked for at least 15 years as of July 31.

The special severance pay will be up to 28 months of average salary, depending on the employee's age.

In addition, employees born between 1970 and 1973 who are eligible for the semi-retirement special voluntary retirement program will also receive benefits such as child education subsidies, medical expenses, and career transition support payments.

Employees selected for special voluntary retirement through the personnel committee's review are scheduled to leave the company on July 31.

A Hana Bank representative explained, "We have decided to implement the semi-retirement special voluntary retirement program to provide employees with early career transition opportunities and to improve workforce efficiency in response to the rapidly changing financial environment."