Court of Cassation, with sentence dated November 5, 2013 and filed on January 17, 2014, stated that severance payment accrued by the employee during the ordinary layoff intervention has a social security nature, and not a retributive one. This credit, for the Supreme Court, does not represent a consideration for the employee’s work performances, but it is aimed at assuring adequate means for life needs to a person who has not a job anymore and, therefore, it expires after ten-years (not after five-years).
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