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Severance Fund (Cesantias)

AI-generated

Summary

Calculate the severance fund (Cesantías) for Colombia based on monthly gross salary and days worked last year.

Inputs

  • Country (required) — Select the country as 'colombia' for this operation.
  • Gross Salary (required) — Provide the monthly gross salary (sueldoBruto).
  • Days Worked Last Year — Specify the number of days worked last year (default is 360).

Output shape

a single JSON object containing the severance fund calculation details for Colombia

Returns the severance fund amount, interest on the fund at 12%, total severance including interest, and the official date for fund deposit (February 14th). Inputs are used proportionally in calculation based on the days worked.

Examples

Example 1: Calculate severance fund for Colombian employee with monthly gross salary 1,000,000 COP and default days worked (360)

Country='colombia', Gross Salary=1000000, Days Worked Last Year=360 (default)

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