Calculate severance under Singapore Tripartite Guidelines: 2 weeks to 1 month pay per year of service, unused annual leave encashment, notice pay, and tax-exempt breakdown.
Total computed service: 4.5 years · Benefit is tax-exempt
\text{Retrenchment Benefit} = \text{Monthly Gross} \times \text{Rate (2 weeks to 1 month)} \times \text{Years of Service} \\
\text{Daily Gross Rate} = \frac{12 \times \text{Monthly Gross Salary}}{52 \times \text{Days per Week}} \\
\text{Leave Encashment} = \text{Daily Gross Rate} \times \text{Unused Annual Leave Days} \\
\text{Notice in Lieu} = \text{Monthly Gross Salary} \times \text{Notice Months}Under the Singapore Tripartite Guidelines on Mandatory Retrenchment, employees with at least 2 years of service are eligible for retrenchment benefits, with the prevailing market norm being 2 weeks to 1 month of gross salary per year of service. Genuine retrenchment compensation is considered capital in nature and is 100% TAX-FREE by IRAS and EXEMPT from CPF contributions. However, leave encashment and notice pay are taxable.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CPF interest rates, ABSD criteria, COE prices, and bank mortgage rates may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a MAS-licensed financial adviser or IRAS/CPF officer prior to executing financial commitments.
Calculate 2026 Singapore CPF contributions for Citizen and PR, S$8,000 Ordinary Wage ceiling, Additional Wage bonus cap, and OA/SA/MediSave distribution.
Estimate lifelong monthly retirement payouts under Singapore CPF LIFE based on age 55 RA savings (BRS $106.5k, FRS $213k, ERS $426k) and plan choice.
Calculate guaranteed compound growth across OA (2.5%), SA/MA (4.05%), and extra 1% to 2% tiered government interest for up to 30 years.