$Singapore Employment Act (MOM Guidelines)

Retrenchment Benefit Calculator

Calculate your statutory end-of-service gratuity, redundancy pay, or severance based on service tenure and last drawn basic salary.

Verified Against Singapore Employment Act (MOM Guidelines)Ruleset: Statutory Formula100% Free • No Sign Up Required

Regional Rules ActiveCurrency: SGD (S$)

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Last Drawn Monthly Basic SalaryBasic wage excluding non-fixed allowances

Completed Years of ServiceFull completed years

yrs

Completed MonthsAdditional months

mos

Statutory Eligibility Confirmed

Eligible under MOM Retrenchment Guidelines (typically ≥ 2 years service).

Eligible

Calculated based on 60 months of service

Estimated Payout

S$30,000.00

Service Tenure

5y 0m

Governing Statute

Singapore Employment Act (MOM Guidelines)

Compensation for loss of employment is generally not taxable in Singapore.

Summary in SGD

Component	Amount	Share
Last Drawn Monthly Basic Salary	S$6,000.00	Salary Basis
Completed Service Duration	5 yrs, 0 mos	60 months
Statutory Eligibility Status	Eligible	Eligible under MOM Retrenchment Guidelines (typically ≥ 2 years service).
Estimated Retrenchment Benefit	S$30,000.00	Retrenchment Benefit = ~1 Month Salary × 5 Years = S$30,000