Retirement Pay Calculator

Calculator for accurately calculating retirement pay according to the Labor Standards Act.

Work Information Input
Enter hire date, resignation date, and average wage

Enter the average wage for the last 3 months (base salary + various allowances included)

Retirement Pay System Guide

Retirement Pay Eligibility

  • • Continuous service period of 1 year or more
  • • Working 15 hours or more per week
  • • Applies to both regular and contract employees
  • • Daily workers also eligible if conditions are met

Average Wage Calculation Criteria

  • • Average of 3 months prior to resignation date
  • • Base salary + various allowances included
  • • Bonuses calculated as 1/12 of annual total
  • • Includes unemployment benefits and annual leave allowances

Retirement Benefit Systems

Retirement Pay System

Direct payment by company

Retirement Pension System

Managed by external financial institutions

Legal Notice: This calculator is provided for reference only and the calculation results have no legal effect. Actual retirement pay may vary according to company employment rules, collective agreements, and individual employment contracts. Information may change without notice. For accurate calculations, please consult your company's HR team or a labor consultant.

    Retirement Pay Calculator