Severance payments in Austria

Severance payments depend on the length of continuous service, as follows:

• Three years’ service requires twice the last monthly salary.
• Five years’ service requires three times the last monthly salary.
• Ten years’ service requires four times the last monthly salary.
• 15 years’ service requires six times the last monthly salary.
• 20 years’ service requires nine times the last monthly salary.
• 25 years’ service requires 12 times the last monthly salary