Severance Pay Calculator
Calculate severance under new or old Labor Standards Act system
Input Data
NT$
years
months
Results
Severance Amount
NT$
Monthly Salary
NT$
Years of Service
Applicable System
Equivalent Months
Calculation Formulas
Enter salary and tenure to see results
Labor Standards Act Severance Rules
| System | Calculation Method | Maximum | Applicable To |
|---|---|---|---|
| New System | 0.5 months' average wage per year of service | Maximum 6 months | Workers under new pension system after 2005/7/1 |
| Old System | 1 month's average wage per year of service | No maximum | Workers employed before 2005/7/1 who didn't switch |
Important Notes
- Partial years calculated proportionally (e.g., 6 months counted as 0.5 years)
- Average wage is the average of 6 months' wages before termination
- Severance must be paid within 30 days of contract termination
- New and old system tenure can be combined (different formulas applied to each segment)
* Results are for reference only. Actual amounts are subject to Ministry of Labor regulations.
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Financial Disclaimer
The results of this tool are for reference only and do not constitute investment advice. Actual values may vary due to financial institution policies, interest rate changes, and individual circumstances. Please consult a professional financial advisor before making any financial decisions.