Circular 35: Policies for Redundant Employees

16:19, 10/07/2024

This is a notable content stipulated in Circular 35/2016/TT-BLDTBXH guiding the implementation of policies for employees when converting public service providers into joint-stock companies according to Decision 22/2015/QD-TTg.

Policy for redundant employees hired for the last time in a public service provider converted from October 18, 2000, onwards is stipulated as follows:

- Redundant employees hired for the last time in a public service provider converted from October 18, 2000, onwards at the time of approval of the labor utilization plan are entitled to severance allowance according to Clause 1, Article 4 of Decree 63/2015/ND-CP.

- The period of employment for the calculation of severance allowance is the total actual working time from the last hire date in the converted public service unit until termination of employment, excluding the time during which the employee participated in unemployment insurance and the time for which the employee has already received severance allowance after demobilization upon completing military service.

- The salary used as the basis for calculating severance allowance policies is implemented according to the provisions of Clause 5, Article 6 of Circular 35.

For details, see Circular 35/2016/TT-BLDTBXH effective from December 10, 2016.

- Thanh Lam -

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