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South Korea statutory severance pay (toejikgeum): 30 days of average wage per ye...

https://api.kkuldogu.com/v1/severance-pay

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
Source bazaar
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

x402 Payment Validation

Payment Requirements —
Asset Verified —
Facilitator —

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" }