Retirement Pay Calculator
Calculator for accurately calculating retirement pay according to the Labor Standards Act.
Enter the average wage for the last 3 months (base salary + various allowances included)
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.