Dec 13 (Reuters) - Commonwealth Bank of Australia CBA.AX :
* EMPLOYEE ENTITLEMENTS REVIEW UPDATE
* REVIEW HAS EXAMINED PAY AND A BROAD RANGE OF ENTITLEMENTS FOR CURRENT AND FORMER FULL TIME, PART TIME AND CASUAL EMPLOYEES BACK TO 2010.
* CBA EXPECTS REMAINING PAYMENTS TO BE APPROXIMATELY $25M PLUS INTEREST
* TO DATE, CBA HAS NOTIFIED OR REPAID APPROXIMATELY 41,000 CURRENT AND FORMER EMPLOYEES WITH $13.2M OF BACK-PAY PLUS INTEREST
* REVIEW IS SUBSTANTIALLY COMPLETE AND WILL BE FINALISED THIS FINANCIAL YEAR.
* CBA WILL COMMENCE PAYMENTS OF A FURTHER $14.9M PLUS INTEREST NEXT WEEK
* WHERE APPLICABLE, LEAVE BALANCES HAVE BEEN INCREASED AND ADDITIONAL SUPERANNUATION CONTRIBUTIONS PAID
* "IT IS UNACCEPTABLE THAT SOME OF OUR PEOPLE WERE NOT PAID CORRECT ENTITLEMENTS"