Start with verified daily wages

Get both daily figures from the official tool or checked payroll information. This page does not derive them from monthly salary.

Open official MOEL calculator (Korean) ↗

Opens a new tab and leaves your entries here. The fixed link carries no entered wage or date.

Positive KRW per day, up to four decimal places and 9,999,999.9999 per field. Correctly grouped commas are accepted. These are technical input limits, not legal wage limits. Both figures must be known; blank is not zero.

Use YYYY-MM-DD (technical range 1900–2100). Under the official calculator's convention, retirement date is the day after the last working day. Start is included; retirement date is excluded. This is an unadjusted calendar span, not attendance days or a legal eligibility test.

Only the confirmed simple-period option enables an illustration. Average-wage exclusions and credited-service adjustments are different matters. If either is uncertain, use the official tool or verified payroll guidance.

Reference
Entered wages & formula reference
Entered average daily wageNot entered
Entered ordinary daily wageNot entered
Higher entered daily wageNeed both daily wages
Basis comparisonNot determined
Start included / retirement excludedNeed both dates
Pre-tax formula illustrationIncomplete

An illustration from your entered basis and simple period. It does not establish a right to payment, including for a short entered period.

EligibilityNot assessed
Departure insurance offsetUnknown · not deducted
Retirement income taxUnknown · not deducted
Actual net paymentUnknown
Enter both verified daily wages and dates, then confirm the simple period. Unknown amounts and eligibility are not treated as zero.
📖 Step-by-Step Practical Guide
  • 1
    Step 1Use the official MOEL calculator or verified payroll information to obtain your average and ordinary daily wages. Enter both in KRW per day, not monthly salary.
  • 2
    Step 2Enter your employment start date and exclusive retirement date: the day after the last working day under the official calculator's input convention. Confirm whether the simple period needs adjustments.
  • 3
    Step 3Review the higher entered daily wage × 30 × calendar days ÷ 365 illustration. This does not confirm eligibility, an insurance offset, tax, net payment or a legal award.

Before using this reference

  1. Check both daily wages with official or verified payroll information.
  2. Check period treatment separately from eligibility; a calendar span is not a legal decision.
  3. Keep insurance, tax and actual payment separate from the gross formula illustration.
What this reference does

The official daily average wage is based on relevant wages during the previous three months divided by that period's actual calendar days, with applicable wage components and exclusions considered. If the ordinary daily wage is higher, it becomes the calculation basis. This planner accepts daily figures you have already checked; it does not turn monthly salary into a verified daily wage.

For a simple period confirmed to need no adjustments, this page illustrates the higher entered daily wage × 30 × unadjusted calendar days ÷ 365. It is not a calculation of a DC retirement-pension account balance, a determination of legally credited continuous service, or a final payment decision.

The basic eligibility guidance excludes continuous service under one year and scheduled weekly hours under 15 averaged over four weeks. This page does not assess worker status, hours, visa-specific arrangements or eligibility. An entered period or reference amount does not establish entitlement. Insurance, retirement income tax, other adjustments and actual net payment remain unknown.

Precision and remaining unknowns

All four entered daily decimal places and the day/365 ratio are preserved. Only the displayed illustration is rounded half-up to two decimal places; this is not a statutory final-payment rule. No fixed currency conversion or assumed insurance deduction is applied.

Official sources checked 2026-11-05 (Korean):

❓ Frequently Asked Questions
Can I enter my monthly salary?

No. Enter verified average and ordinary wages in KRW per day. Monthly salary multiplied by one or three is not the official daily-wage and actual-service-period calculation. Use the official MOEL calculator or checked payroll information for the daily figures.

Why are both daily wages required?

The official guidance compares the average daily wage with the ordinary daily wage and uses the higher figure. A blank ordinary daily wage is unknown, not zero. This planner does not determine the wage components or calculate those daily figures from monthly salary.

Which retirement date should I enter?

Use the official MOEL calculator's convention: the day after the last working day. The start date is included and that retirement date is excluded. The difference is an unadjusted calendar period, not a count of attendance days or a legal determination of continuous service. If adjustments are needed or unknown, no amount is calculated.

Does the reference confirm my entitlement or take-home payment?

No. Even a completed reference does not assess eligibility, insurance, retirement tax, net payment, a legal award or a payment date. The two-decimal half-up rounding is only a display convention. A short entered period does not establish a right to payment; consult official guidance for your circumstances.

Official sources checked 2026-11-05 | Use Korea Editorial Board
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