The Seafarer Act Article 39

Except the seafarers agree the transfer of serving ships owned by the same employer, the employer, who terminates employment contracts in accordance with Paragraph 1 and proviso of Paragraph 3 of Article 22, or the reasons not attributable to seafarers, shall give severance pays based on the followings criteria:1. For seafarers paid on monthly basis: a three-month severance pay based on the average wage.2. For seafarers paid on voyage basis: the full amount of remuneration.3. For seafarers having worked consecutively for three years on the ships owned by the same employer: in addition to the payment made in accordance with Item 1, one-month severance pay based on average wage for every one year from the fourth year. The working year less than one full year shall be computed on a pro rata basis, and less than one full month shall be computed as one month.