Severance pay entitlements
SAVE EXISTING SEVERANCE PAY ENTITLEMENTS AT A FAVOURABLE RATE

Provisions for the event that severance payments are payable to employees in accordance with the old system. The severance pay experts at Wiener Städtische create your optimal savings plan.
Using an insurance policy, the cost of severance payments is distributed evenly over the period of service. If the severance pay is due, the company receives the amount from Wiener Städtische and forwards it to the employee with no effect on profit.

The entitlements are re-insured up to 100%.