Use this free calculator to estimate the statutory redundancy lump sum you are entitled to under the Redundancy Payments Acts 1967 to 2014. To qualify you must have at least 104 weeks (2 years) of continuous service with your employer at the date of dismissal. The formula is two weeks gross pay for each year of service, plus one bonus week, with weekly pay capped at €600.
Statutory redundancy estimate
Estimate only — this calculator is general information, not legal or tax advice, and does not create a solicitor–client relationship. Eligibility also requires that the employment was insurable under the Social Welfare Acts and that the dismissal was a genuine redundancy. Figures reflect the rules in force in 2026; check the current Revenue / gov.ie guidance for changes.
Frequently Asked Questions
Q: Is statutory redundancy tax-free? A: Yes — up to €10,160 plus €765 per complete year of service. The Increased Exemption can add €10,000 in some circumstances. Q: Is statutory redundancy the same as an ex-gratia payment? A: No. The statutory amount is the legal minimum. Your employer can offer more (an ex-gratia payment) on top, often in exchange for signing a settlement agreement. Q: What if my employer is insolvent? A: You can apply to the Department of Social Protection under the Insolvency Payments Scheme for the statutory amount.
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