Each year the employees are liquidated with layoffs and severance interest the deadline for payment is between January 31 and February 14. We tell you how to calculate the most income you should receive. Colombians have a saving in the layoffs that works for the moment they become unemployed or unemployed. Hence the name that has this salary benefit that all workers with formal employment receive.
However, it has additional purposes. They can be used for housing or improvement be it a remodeling or an extension of your house or apartment. According to the Colombian Association of Pension and Retirement Funds during 2016 Colombians affiliated to severance funds withdrew more than $ 4.5 billion or 15.9% more than in 2015, which were used as funds Unemployment insurance for termination of contract for educational purposes and purchase debt relief or housing improvement. Continue reading “Receive a little more salary than expected”