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- Settlement agreements / UWV dismissal procedures / Ditrict Court procedures
Severance or termination compensation
In some cases, the employee, upon dismissal by the employer, is entitled to a severance payment . The severance pay is calculated by the District Court formula . The formula is valid until 1 July 2015, than it will change into the transitievergoeding. Read more.
The length of your notice period and the length of the notice period your employer is required to use depend, on what is provided in your employment contract, the law or in the CAO (collective employment contract).
Upon conclusion of a settlement / termination agreement , you should consider the notice of the employer.
The term "aanzegtermijn" is used in fixed-term contracts. Read more about Notice period.