How is the severance pay for the E-9 calculated?

The departure maturity insurance purchased by the employer serves as a substitute for severance pay. If you worked at the same workplace for less than one year, the employer receives the lump-sum payment. We do not simply combine the durations of work at multiple companies to judge the results. If the departure maturity benefit is less than the severance pay, the employer must pay the difference. Don't just collect insurance benefits and stop there—calculate and compare using the severance pay calculator in this app. For insurance payouts by workplace, ask 1600-0266, and for severance pay requirements, ask 1350.