Retirement System
To protect employees’ livelihood after retirement, retirements arrangements are established based on Labor Standards Act. EOI contributes supervisory committee of labor retirement reserve. Monthly retirement pensions are appropriated and deposited into a special bank account. The conduction of retirement is according to regulations.
| Qualifications |
A employee may apply for voluntary retirement under any of the following conditions:(according to Labor Standards Act) -The employee who attains the age of fifty-five and has worked for fifteen years. -The employee who has worked for more than twenty-five years. -The employee who attains the age of sixty and has worked for ten years. |
|---|---|
| Application Process | The application process of retirement is according to EOI's regulation of employee's retirement. |