SZV INFO: SEVERANCE PAY
Questions about dismissal and severance pay? We have some general information available regarding the role of SZV.
Cessantia, or severance pay, is the compensation that an employer is obligated to pay to an employee upon dismissal or discharge from an employment not due to any fault of the employee.
The Cessantia must be paid by the employer! You can only claim Cessantia payment from SZV in case no severance can be paid by the employer due to:
- Bankruptcy
- Suspension of payment ordered by the court
For Frequenty Asked Questions, click here: https://www.szv.sx/faq/cessantia/
For information about calculation, qualification and submitting a request, click here: https://www.szv.sx/info/seniors-benefits/request-cessantia/
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