Originally Posted by
unitedabx
Of course CX pilots qualify. It is HKG law and one of the few labour laws that covers everyone. There is no cap. When CX offered this before in the 90's some guys left with millions. I have done some quick calculations and in my own case ( and I stress I am not in a position to accept it even if I wanted to ) I would receive HKD 5.48m. Last summer some of our sim instructors got close to HKD 2m. I don't know where CyberT gets the 390K figure from. Severance pay is between employer and employee. The one month per years served is the minimum.
Unfortunately the EO was changed in 2003 and severance payment or long service payment is capped at $390K.
Attached the Labour Department's Q&A for severance payment and long service payment