Mr Michalis A Hadjigiovanni

Michalis A Hadjigiovanni

Updates

Employment & Benefits

Employee provident funds payable on termination of employment contract
Cyprus | 28 June 2017

In a recent Industrial Disputes Court case, four individuals sought the full payment of a provident fund which had been affected by the 2013 bank bailout. In making its decision, the court examined when the applicants' right to receive the provident fund had arisen and whether said amount had been affected by the 2013 bank bailout. It also considered whether the applicants had accepted the consequences of the 2013 bank bailout in writing.