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Indemnity Calculation – Resigning Due To Health Issues
As I’m in need of your help and guidance, I have read several times with the same issue in your column. Which is so helpful to so many needful expats through The Arab Times English daily newspaper, we’re so grateful to have it. Now I come for the same.
As I am working for an Asian Diplomatic Mission as local staff recruited here in Kuwait. Due to my health issues and family matters back home I gave my resignation last month and it is accepted. I heard my indemnity will be settled by November. So I want to know my exact amount and calculation of my total indemnity.
My total service I give below: 15 years and 9 months.
Joined on Jan 5th, 2003 – last date of my work will be on Nov 3rd, 2018.
Sir, I kindly request you to do the needful.
Thanking you.
Name withheld
Answer: Your indemnity will be calculated as follows: 15 days salary for each of the first five years service equals to 75 days but this has to be first divided by 26 equals 288 months salary.
For the next 10 years, 9 months one month salary equals 10.75 months salary.
Total equal 2.88 + 10.75 = 13.63 months salary that equals to 13.63 x monthly salary.
As you have put on over 10 years of service, you will receive the full amount
SOURCE : ARABTIMES
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