TFR Treasury Fund: Who Qualifies and What You Get
Learn how the TFR Treasury Fund manages severance pay contributions for employees working in companies with more than 50 staff members.
The TFR Treasury Fund is a system used to manage the severance pay contributions, known as Trattamento di Fine Rapporto (TFR), for eligible workers.
Who it's for
This scheme applies to employees working in companies that have a staff of 50 or more people.
What you get
The fund handles the management of your severance pay (TFR) contributions, which is money accumulated during your employment to be paid out at the end of your work relationship.
What it costs you
There is a mandatory monthly requirement to transfer your TFR accruals into the fund.
The catch to know
You must decide whether to keep your severance pay held by your company or move it into an external pension fund; this choice affects how your money is managed.
How to apply
- Confirm your company meets the staff size requirement.
- Consult with your employer regarding your TFR options.
- Decide between company-held TFR or an external pension fund.
- Check with your payroll department to ensure your monthly transfers are processed correctly.