Overview
South Korea statutory severance pay (toejikgeum): 30 days of average wage per year of service, with retirement income tax, from hire date, last working day and last 3 months of pay. Pass monthlyOrdinaryWage to apply the legal rule that the ordinary wage replaces a lower average wage (Labor Standards Act art. 2(2)); without it only the average wage is used. Rounding follows the Ministry of Employment and Labor severance calculator.
Protocol
x402 (POST)
Price
$0.01
Payment Asset
USD Coin
Payment Network
eip155:8453
Category
uncategorized
Provider
kkuldogu
Indexed
2026-11-13 15:03:41
Health
Status
unknown
Latency (p50)
—
Uptime (30d)
—
Reliability Score
—
Last Checked
Never
Last Healthy
Never
Consecutive Failures
0
Input Schema
{
"body": {
"lastWorkDate": "2026-10-31",
"monthlyPay": 3500000,
"startDate": "2021-03-02"
},
"bodyType": "json",
"method": "POST",
"type": "http"
}
Output Schema
{
"example": {
"basisYear": 2026,
"currency": "KRW",
"disclaimer": "For reference only, not legal or tax advice. Uses official 2026 Korean rates and the same formulas as the kkuldogu.com calculators; actual payroll, NHIS/NPS notices and tax settlement can differ.",
"input": {
"lastWorkDate": "2026-10-31",
"monthlyPay": 3500000,
"startDate": "2021-03-02"
},
"result": {
"averageDailyWage": 114130,
"averageDailyWageExact": 114130.44,
"daysEmployed": 2070,
"eligible": true,
"ordinaryWageApplied": false,
"ordinaryWageCompared": false,
"severancePayGross": 19417809,
"severancePayNet": 19195589,
"tax": 222220,
"taxableServiceYears": 6
},
"source": "https://kkuldogu.com",
"tool": "severance-pay"
},
"type": "json"
}