🇲🇬 Madagascar • Labor Code Art. 84 • Final Settlement

Madagascar Annual Leave & Settlement (STC) Calculator

Compute statutory annual paid leave (2.5 days/month), pay in lieu of untaken days, 13th-month pro-rata, and the total Full & Final Settlement (STC) in Malagasy Ariary (MGA).

⚡ Representative Termination Settlement Scenarios

Wage & Leave Parameters

Ariary (MGA)
Ar
Total Settlement Payout (STC)
2,100,000 MGA
Accrued leave pay + pro-rated 13th month bonus
Accrued Leave Compensation
1,166,667 MGA
Pro-Rated 13th Month
933,333 MGA

Computation Details

Daily Base Rate (30-day divisor) : 46,667 MGA / day
Days Compensated : 25 days
Bonus Pro-Ration Fraction : 8 / 12 months

Tableau Recapitulatif Legal (Statutory Matrix)

Rubrique Base / Regle Montant (MGA)
MS

Engr. Muhammad Shahzad

Verified Author & Systems Engineer

Principal systems engineer and labor compliance architect. Specialist in statutory termination settlements (STC), annual leave encashment formulas, and collective bargaining agreements in Madagascar.