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The severance pay shall be calculated as described in labour legislation corresponding to 21 days remuneration for every year of the primary 5 years of service and 30 days remuneration for each further yr of service provided that complete quantity of severance pay shall not exceed 2 years remuneration. With out prejudice to the legal guidelines offered in relation to the granting of pension or retirement advantages to employees. Severance pay shall be calculated on the basis of the remuneration final as a result of worker for many who are paid on every day, weekly and monthly basis and on the average foundation of the every day remuneration for many who are paid at piece charges foundation.
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