Statutory severance pay – Expiry
The severance pay entitlement expires three years after it is due. The entitlement to payments therefore expires at that time, as does BUAK’s obligation to pay.
Please note that expired periods can no longer be considered for the calculation of severance pay. Only remaining periods are taken into account when calculating a new severance pay claim.
Periods of foreign employment (comparable activities pursuant to BUAG) can block the expiry deadline (three years after falling due) for payment of severance pay if a corresponding request is submitted to BUAK before the expiry deadline.
For more information, please call +43 (0) 579579 ext. 3001 or send an email to firstname.lastname@example.org.