Add Comment Question: I’ve been working for the same company for 22 years and I believe it’s going out of business soon and asking the question would I receive severance pay?? Answer: Even if the business closes, you are still entitled to your severance pay. Based on your 22 years of service your entitlements are likely significant. I have copied for you below a link to our severance pay calculator which can provide you with a range of your potential entitlements upon the termination of your employment. https://www.severancepaycalculator.com/online-severance-calculator/ Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.