calculation of retirement.

If you enter only the total salary of 3 months before entry and retirement, you can immediately check the expected retirement allowance on the basis of the 1 day average salary.

Please enter work.
Select the last working date.
Departure must be after entry.
Three-month salary including basic salary.
Please enter the three-month salary in numbers.
Please enter numbers.
Please enter numbers.

Use of

  1. Drivingand WithdrawalSelect the last day in the calendar.
  2. Three months of retirement.Enter it as a tax base.Combine not only the basic level, but also all the items corresponding to the salary, such as the job payday and the job payday.
  3. Received by Unit. rewardedand 연차수당If this is the case, enter the annual total; if not, leave it empty or leave it as 0.
  4. to calculate If you press the button, you will see the number of working days, the average salary per day, and the estimated retirement. You can save the inputs with the result copy button.

Principles of pension calculation.

Retirement guarantees according to the law. Average salary of 30 days per year.The court order is as follows.

항목calculated
Average pay per day(Total salary of 3 months before retirement + annual bonus × 3/12 + annual allowance × 3/12) ÷ total days of 3 months before retirement
Withdrawal for 3 months.The actual number of calendar days returned from the date of departure (depending on the month from 89 to 92 days)
Retirement1 day average wage × 30 days × (employment days ÷ 365)

from here The average salaryThe amount of total wages actually paid in the three months prior to the retirement date divided by the total number of days in that period. ReceivedIt refers to regular, regular, and consistent wages (basic salary, fixed salary, etc.). If the average wage is lower than the normal wage, the average wage is calculated as the average wage. It is a device to protect workers if the salary is significantly reduced immediately before departure.

Annual bonuses and annual allowances are often paid in a particular month, regardless of whether they have been accidentally included in the last three months. 3 out of 12 minutes of annual total (3 month percentage)It only reflects on the average wage estimate. This calculation applies the same method.

Knowing good information.

Example of calculation: If the three-month salary of the worker who retired on 31 July 2026 is 900 million, the annual bonus is 240 million — the three-month salary is 92 days, the daily average salary is 900 million + 240 million × 3/12) ÷ 92 ≈ 104,348 million, and the estimated retirement salary is about 104,348 million × 30 × (1,096 ÷ 365) ≈ 940 million.

Differences in retirement pension: The DB type is calculated using the same average wage method as this calculator, but the DC type is calculated by the company to earn more than 1/12 of the total annual wage each year on the employee account and the final amount varies according to the operating income. Your system type can be verified by the company’s staff team or retirement pension operator (bank or securities company).

The taxes are: The result of this calculator is the tax-preliminary amount, and at the actual receipt, the pension income tax and the local income tax, calculated through the protracted retirement allowance, are collected from the source.

This result is a reference near value according to the 2026 legal form. Except for the period of unpaid leave, the average salary, regular salary comparison compensation, retirement income tax etc. are not reflected, so the exact amount can be verified through the company salary officer or employment department consultation (without national number 1350).

Frequently asked questions.

If you do not complete a year and leave, you will not receive retirement pay?

Employee retirement benefits are paid to employees who have worked for more than one year on a continuous basis and have worked for an average of 15 hours a week for four weeks. If the period of employment is less than one year, they are not subject to legal retirement benefits, except in cases where separate payments are agreed upon by company regulations or contracts.

Why do you pay 3 or 12 million?

The average salary is based on the salary paid during the three months prior to retirement, so the bonus and annual allowance paid in annual units include only three-thirds (3-month) of the annual total, which is the method of the Employment Labour Department. For example, if the annual allowance is 400 thousand, 100 thousand will be added to the three-month salary.

Can the calculated amount differ from the actual amount?

Yes, this calculator is the estimated retirement allowance and the amount before the retirement income tax and local income tax are deducted. Also, except for unpaid leave and parental leave periods, the actual amount may vary depending on individual circumstances, such as compensation if the regular salary is greater than the average salary.

Is this calculation correct for retirement?

No. This calculator is the average salary method suitable for retirement schemes and DBs. DCs require a company to place at least one-twelfth of its annual total salary on its employee accounts each year, and the revenue varies according to operating income, so you need to verify the actual earnings and operating performance.

When should retirement be paid?

Under the Employee Retirement Guarantee Act, you must pay your pension within 14 days from the date of retirement. You may extend the payment period by agreement between the parties, but if delayed without agreement, you may incur delay and request the Employment Labour Department to settle the payment.

Related calculations