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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
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.