Severance savings earn 12% annual (Law 52 of 1975). They are paid directly to the worker in January, proportional to days worked.
With $2,000,000 and a full year: $240,000.
Formula
Severance interest
severance × 12% × (days / 360)
Example — $2,000,000 × 360 days
| Item | Calculation | Value |
|---|---|---|
| Severance | — | $2,000,000 |
| Rate × time | 0.12 × 360/360 | 0.12 |
| Interest | 2,000,000 × 0.12 | $240,000 |
FAQ
Directly to the worker in January.
Proportional: 12% × 180/360 = $120,000.
Informational estimate
Educational content, not legal advice. Law 52 of 1975.