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Termination pay

(Chapter 8 of the Decree)

Upon termination, the employee with less than 10 years of service receives 6% of the total wages earned during the preceding period of May 1st to April 30th if not already paid and 6% of the total wages earned during the current period.

In the case of the employee having between 10 to 23 years of service, the employee receives 8% of the total wages.

The employee with 23 to 33 years of service receives a 10% termination pay, while the employee having 33 years of service or more is entitled to a 12% termination pay.