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How much severance are you owed?
From salary and dates: proportional cesantías + interest, prima, pending vacation, and the article 64 indemnification if you were dismissed without just cause. 2026 minimum wage and transport allowance built in.
How the estimate works (reference)
- • Cesantías: base salary × days this year / 360 (+ transport allowance if ≤ 2 SMMLV).
- • Intereses: 12% annual on cesantías, proportional.
- • Prima: base × days this semester / 360.
- • Vacaciones: 15 days/year accrued minus days taken, on base salary.
- • Indemnification: CST art. 64 (indefinite contracts, dismissal without just cause).
Verified: 2026-06-10. Sources: Decretos 1469/1470 de 2025 (SMMLV + auxilio), Ley 2101 de 2021 (jornada), Ley 2466 de 2025 (recargos), CST arts. 64, 168, 179, 186, 249, 306.
Reference only. Real settlements depend on contract type, variable pay, salary in kind, and the exact rules at termination. For fixed-term contracts the indemnification differs (remaining wages). Not legal advice — verify with MinTrabajo or a laboralista.
Questions
What does a Colombian severance settlement include?
Proportional cesantías for the current year + 12% annual interest, proportional prima for the semester, accrued untaken vacation (15 days/year), and — if dismissed without just cause on an indefinite contract — the CST article 64 indemnification.
How much is dismissal-without-cause severance?
On an indefinite contract earning under 10 SMMLV: 30 days of salary for the first year plus 20 days per additional year (proportional). At 10+ SMMLV: 20 and 15 days respectively (CST art. 64).
Does the transport allowance count toward severance?
Yes for cesantías and prima when you earn up to 2 minimum wages (2026 allowance: $249,095). It does not count toward vacation or the indemnification.
