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fakeplastiktree
Joined: 15 Oct 2007
Location: Northeast Seoul
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 Posted: Sun Oct 19, 2008 9:57 pm Post subject: Severance pay |
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| Is the severance pay just like a regular month of pay with all the tax, pension, and medical insurance deductions taken off or is it a month of pay with no deductions? |
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cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
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| Posted: Sun Oct 19, 2008 10:40 pm Post subject: |
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| I have always received it with no deductions. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Oct 20, 2008 12:52 am Post subject: Re: Severance pay |
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| fakeplastiktree wrote: |
| Is the severance pay just like a regular month of pay with all the tax, pension, and medical insurance deductions taken off or is it a month of pay with no deductions? |
It is taxable but "NO" to the rest of the deductions. |
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