Severence payment WTK

[DurzoBlint1]

Hello tuners

I have a question. The company I work for is closing. I worked there for 5 years. Am I entitled to a severance by law? Could an ex gratia payment over the 5 year period be considered as severance or is it something totally different from severance? Please help??

[janfar]

http://trinidadandtobagolegalrights.blo ... ement.html

[teems1]

http://trinidadandtobagolegalrights.blogspot.ru/2013/05/severance-pay-entitlement.html

Wow at the comments in that blog.

[88sins]

company closing down is kinda a broad reason
if they going into receivership, not likely you going to get severance pay as they may not have the cash to do so and external stakeholders need to be compensted first.
If they closing because the owner just dedcide to shut it down for personal reasons, then you should receive a severance gratuity.