Retirement of Public Employees and Severance Payments for 2025
October 13, 2024
In 2025, 936 public employees will retire, receiving a total of 101.5 million euros as severance pay. The average severance pay per employee is estimated to be 108.4 thousand euros, with significant amounts allocated to teachers, police, and military personnel. The total payment this year is among the largest in the last eight years. The total pension costs are expected to reach 436 million euros.