Post by tofyelikno on Feb 12, 2024 3:49:24 GMT
Retirement severance pay In the Act of June on interest subsidies on bank loans grant to entrepreneurs affect by COVID and on simplifi proceedings for approval of an arrangement in connection with the occurrence of COVID AntiCrisis Shield there is a provision that allows employers to reduce the amount of retirement severance pay. Of course they can only do this in certain cases when during the state of epidemic threat or epidemic state announc due to COVID the companys income decreases by within a month or within two months or in the event of a significant increase in workload. salary fund of the retirement severance pay cannot exce ten times the minimum wage determin on the basis of the provisions on minimum wage.
Teachers retirement severance pay According to the Teachers Charter the retirement severance pay of this professional group is higher than that of persons employ under an employment contract and performing other professions. It is equivalent Cameroon Email List to two or three months salary. The retirement severance pay teachers will receive depends on their length of service With less than years of service the retirement severance pay is equivalent to two months salary With more than years of service the retirement severance pay is equivalent to three months salary.
Retirement benefits for a local government employee Local government employees can also count on higher retirement benefits than those employ in private companies. In this case the amount of the benefit also depends on the length of service For more than years of service you are entitl to a retirement severance pay in the amount of two months salary. For more than years of service you are entitl to a retirement severance pay in the amount of three months salary. For more than years of service you are entitl to a retirement severance pay in the amount of months salary.
Teachers retirement severance pay According to the Teachers Charter the retirement severance pay of this professional group is higher than that of persons employ under an employment contract and performing other professions. It is equivalent Cameroon Email List to two or three months salary. The retirement severance pay teachers will receive depends on their length of service With less than years of service the retirement severance pay is equivalent to two months salary With more than years of service the retirement severance pay is equivalent to three months salary.
Retirement benefits for a local government employee Local government employees can also count on higher retirement benefits than those employ in private companies. In this case the amount of the benefit also depends on the length of service For more than years of service you are entitl to a retirement severance pay in the amount of two months salary. For more than years of service you are entitl to a retirement severance pay in the amount of three months salary. For more than years of service you are entitl to a retirement severance pay in the amount of months salary.