- About LG
- An insurance fund to which all private employers pay contributions.
- If you are declared bankrupt or go into liquidation your employees can claim any money you owe them from LG.
What does LG do?
We ensure that your employees are paid their respective salary, holiday allowances, and other things expeditiously and efficiently if your company is bankrupt or is closed down in a similar manner.
If your company has legally requested a suspension of payments order from a court of law, the LG can also assist you with the payment of the net payroll costs to your employees during such a suspension.
Click to read answer
