The voluntary exit of Attica Bank has been completed

By Leonidas Stergiou

The meeting of the Board of Directors was recently completed. of Attica Bank, which validated the results of the voluntary exit, which slightly exceeded the initial target for the departure of 100 employees. And this, in a short period of time, since it started on March 16 and ended on April 11.

Employees with at least 5 years of service until the end of 2021 could take part in the program. Exceptions were stores with more than 4 people (Heraklion, Chania, Kalamata, Patra, Agrinio, Veria, Serres, Komotini, Kavala, Thermi, Larissa, Lamia, Central, University, N. Erythrea, Piraeus) where everyone could participate.

The compensation ceiling was set at 190,000 euros, but under certain conditions it could reach 210,000 euros, due to the two additional bonuses related to timely submission of interest and redemption of fictitious years for employees over 55 years old.

The terms

It is reminded that according to the terms of volunteering, the initial compensation results from the provisions of law 3198/1955 and the gross salaries of one year plus 30% (ie 1.3 salaries per year) and from the additional:

– 5% (on the above amount) for the employees in the abolished unit of the Leontos Sofos Branch (Thessaloniki), in all the Directorates of Administration and the supernumerary Branches (more than 4 people) and

5% (of the above amount) for one of the two spouses and

– 3% (above the amount) for ages up to 40 years, 4% for ages 41-50, 5% for 51-55 years, 4% for 56-60 years and 3% for 61 years and over and

– 2 monthly gross salaries for 5 – 10 years of service, 3 monthly gross salaries for 11 – 24 years, 4 for 25 – and more years and

– 5,000 euros in case the application for participation is submitted until 23.3.2022 (theoretically as the first validity period) and

– EUR 15 000 for those who have reached the age of 55 in order to acquire fictitious years or to take out self-insurance, and

– 5,000 euros for each child who is subsidized in payroll and with a maximum of 2 children, ie 10,000 euros.

Additional benefits are included

1. Retention of retired employees in the current Group Health Insurance Program for 5 to 10 years depending on age and

2. Maintaining the terms of the housing loans of the staff of the Collective Labor Agreements of the Company and the sector.

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* The second phase of Attica Bank privatization begins in May