Severance Pay Ceiling Announced! How Much and How Much Is Severance Pay in 2023?

Severance Pay Ceiling Has Been Determined How Much TL Is Severance Pay?
Severance Pay Ceiling Announced! 2023 Severance Pay How Much, How Much TL

The Ministry of Treasury and Finance has determined the new severance pay ceiling to be 1 TL, effective from 2023 January 19. The circular dated January 982,83, 17, in which the severance pay ceiling was previously announced as 904,62 thousand 5 TL, was repealed.

While the ceiling for severance pay for the January-June period was 19 thousand 982 liras and 83 cents, the military service fee was determined as 104 thousand 84 liras and 16 cents.

According to the "Circular on Financial and Social Rights for January 2023" of the Ministry of Treasury and Finance, the salary coefficients of civil servants were updated to 30 percent. Severance pay ceiling for the January-June period was 19 thousand 982 liras and 83 kuruş.

The circular issued by the Ministry is as follows:

Severance Pay Ceiling

Severance Pay Ceiling

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