To complete policies toward redundant laborers
29/7/15
The Government has issued a decree
policy toward redundant laborers due to rearrangement of the State-owner limited
liability companies for replacing Decree
No. 91/2010/ ND-CP, which expandes the scope for implementing with mergered,
consolidated, divided enterprises and added a number of policies for redundant
workers.
Accordingly, workers to retire before
age will receive an amount according to the number of social insurance
contributions and the average salary last 5 years by the level of support each
year of social insurance contributions on base salary a month.
For workers recruited before the
April 21, 1998 when companies perform equitisation, deal or transformation into
limited liability companies with two members or more. Administrative units now
replace allowances one month's salary as severance allowance as defined in
Article 49 of the Labour Code and support an amount for each year working at
the company.
For employees recruited before April
26, 2002 when the company dissolved, bankruptcy, they will receive severance
allowance prescribed in Article 48 of the Labour Code and a subsidy payments
instead one month salary as stipulated before.
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