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Employment calculator
Estimate Korean statutory retirement allowance from average daily wage and continuous service.
Actual payment may differ due to ordinary-wage comparison, excluded periods, interim settlements, and workplace rules.
Estimated result
How to read these results
These values are calculated from your current inputs. Check the input units and this calculator’s stated assumptions or included scope alongside the results.
Primary result: Estimated severance pay
Supporting value: Average daily wage
Use the result for your next decision
Compare the primary result with your target or another option, then change only the conditions you want to test and recalculate. Before acting, also check the calculator-specific guidance and applicable conditions.
Keep up to three calculated result snapshots only for this page session and compare them with the current result. Inputs, URLs, and browser storage are not used.
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Uses your browser’s print feature without uploading or automatically saving your inputs or results.
A pre-tax estimate using the statutory formula. Actual payment is not guaranteed.
Shows the continuous service period used in the severance estimate.
Calculate to view the service period and formula breakdown.
Following the Ministry calculator, enter the day after the last working day.
This calculator requires at least 365 days because statutory eligibility generally starts after one year of continuous service.
It is generally wages paid during the three months before retirement divided by calendar days in that period, subject to exclusions and wage-comparison rules.
Ordinary-wage comparison, bonuses, leave pay, excluded periods, interim settlements, and workplace rules can change the amount.