BenefitOpen
Payment due to employer insolvency
Summary
Securing payment from the Special Fund for unpaid wages and annual leave owed to employees whose employer has become insolvent.
How to apply
Payment from the Special Fund covers wages and annual leave owed by an insolvent employer. It is for employees whose employment ended because their employer became insolvent.
Steps
- Obtain the special application form from a Social Insurance Office, a Citizen Service Centre or online.
- Attach the two required documents to the application.
- Submit the application at a District Social Insurance Office or a Citizen Service Centre no later than three months from the date the employer became insolvent.
Documents you'll need
- A copy of the letter from the Temporary Liquidator or Receiver of the insolvent employer’s property.
- A certificate from the Registrar of Companies and Official Receiver stating whether the applicant is a shareholder and a member of the company’s Board of Directors.
Who qualifies
- Employees, including apprentices, except people employed by the Government of the Republic of Cyprus.
- The applicant’s employment ended because their employer became insolvent.
- The employer owes the applicant wages for up to 13 weeks within the last 78 weeks of employment.
- How to apply
- In person
This guide is compiled from public information and is unofficial. Check the official page for the current requirements.