🇱🇷 Republic of Liberia • Statutory Standards (USD $ / LRD $)

Liberia Severance & Redundancy Calculator

Calculate statutory severance pay for economic redundancy (4 weeks wages per completed year of service) and notice pay under Section 14.8 of the Decent Work Act 2015.

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❓ Frequently Asked Statutory Questions (FAQ)

When is severance pay legally mandatory under the Liberia Decent Work Act 2015?

Under Section 14.8 of the Decent Work Act 2015, an employee terminated due to economic redundancy, company restructuring, operational reorganization, or employer insolvency is entitled to statutory severance pay.

How is statutory redundancy severance pay calculated in Liberia?

Statutory redundancy severance pay is calculated as not less than four (4) weeks’ basic wages for each completed year of continuous service with that employer.

What is the statutory notice period for collective redundancy in Liberia?

Under Section 14.7, employers planning operational redundancies must provide at least one (1) month written notice to the affected employees and the Ministry of Labour, or pay full salary in lieu of notice.

Is severance pay owed to an employee terminated for gross misconduct?

No. An employee dismissed for fair disciplinary reasons involving serious misconduct under Section 14.3 (such as fraud, theft, or assault) forfeits statutory severance pay.

Does redundancy severance pay replace accrued annual leave encashment?

No. Statutory redundancy severance pay is cumulative and must be paid in addition to all accrued, unutilized annual leave days and unpaid salary settlements.

MS

Engr. Muhammad Shahzad

Verified West Africa Statutory Systems Specialist

Chartered Systems Engineer and Fiscal Modeler. Specializing in statutory labor standards under the Liberia Decent Work Act 2015, Liberia Revenue Authority (LRA) tax administration, National Social Security and Welfare Corporation (NASSCORP) pension actuarial schedules, ECOWAS Common External Tariffs, and extractive mineral royalties.

Jurisdiction: Republic of Liberia (USD $ / LRD $) • Verified Profile & Credentials