Request for advance payment of TFR (severance pay)

Normally an advance on severance pay can be requested by those who have accrued 8 years of seniority, to the value of 70% of the amount accrued.

At UG we have chosen to give this possibility also to those with less than 8 years seniority in the company, assessing with thresholds varying on a case-by-case basis, between 25% and 50%, when it is considered that the person is of value to the company and there is a positive performance.

In that case the request should be addressed to hr@unguess.io.

The request must be based on one of the reasons provided by law, which include:

- Extraordinary healthcare expenses: for therapies or surgical procedures recognized by public healthcare facilities. The request can be for the employee or their family members.

- Purchase or renovation of a primary residence: for themselves or their children.

- Expenses during parental or training leave.

The amount that can be requested cannot exceed 70% of the TFR accrued up to the time of the request.

The advance can be requested only once during the employment relationship with the same employer.

The TFR advance is subject to separate taxation. The tax rate varies based on the reason for the request.

The advanced amount is deducted from the total TFR that the worker will receive at the end of their employment.