Terminated employees are entitled to allowances

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termination-benefitsThe Termination of Employment and Severance Pay Act 1997 stipulates, that on termination of employment, a Terminated employees who complete a year’s service is entitled to severance or redundancy allowance as follows:

  • 1-5 years' service – at least a week's wages for each completed year of service
  • 6-10 years' service – at least two weeks' wages for each such completed year of service
  • 11 years and over service – at least three weeks' wages for each completed year of service up to a maximum of 52 weeks

- Termination Of Employment And Severance Pay Act 1997

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